Brenda Nguyen serves as Director of Market Analytics for CoStar and Homes.com. She has over a decade of experience in real estate analysis, economic development, and brokerage, providing data-driven local insights into multifamily, office, industrial...
Brenda Nguyen serves as Director of Market Analytics for CoStar and Homes.com. She has over a decade of experience in real estate analysis, economic development, and brokerage, providing data-driven local insights into multifamily, office, industrial, retail, and residential markets. On the residential side, she provides analysis of home prices, inventory levels, and rental conditions.
Brenda is based in Philadelphia and covers greater Philadelphia, Delaware, South Jersey, Central Pennsylvania, and Lehigh Valley. Her research and analysis are often featured in The Philadelphia Business Journal, The Philadelphia Inquirer, and Bisnow.
She speaks regularly at industry events hosted by the Urban Land Institute, the Appraisal Institute, SIOR, and local realtor associations. Brenda is a member of Lambda Alpha International, an honorary society for land economics professionals.
Brenda earned a bachelor’s degree from the University of Pennsylvania, where she also served as a teaching assistant for undergraduate and graduate-level courses at the Wharton School.
Philadelphia's industrial property market has undergone a structural shift since 2020, driven by rising land costs, accelerating e-commerce demand, and the growing sophistication and efficiency of ...
Although the availability of industrial space in the Philadelphia region has dipped slightly overall, its composition is changing — and the increasing level of sublet space is a defining trend.
Rents of Philadelphia-area apartments slowed to their smallest increase, with asking rents up by an average of only 1.4% annually, the slowest pace recorded in more than a decade.
Office demolitions across Philadelphia surged over the past year to their highest level in nearly a decade. Approximately 1.4 million square feet of office space was cleared from the market inventory ...
Philadelphia's multifamily market has sustained meaningful investment momentum over the past year, building on a recovery that began in mid-2024 when institutional investors returned to the market. ...
The amount of available retail space across Philadelphia is hovering at a multi-decade low, following several years of resilient retail demand. At the end of 2025, Philadelphia had just 17.6 million ...
Newer retail properties built since 2010 have demonstrated unwavering resilience, with increasing occupancy recorded each quarter. Across Philadelphia, retailers continue to favor newer, ...
While U.S. vacancy rates climb higher, Philadelphia has already passed its peak — signaling that the local rental market is finding its footing faster than the rest of the country.
Philadelphia ranks 25th nationally in terms of its overall share of speculative industrial development as the region closes out 2025. As of the fourth quarter, speculative projects—those built ...
The industrial real estate market has undergone a dramatic shift, with properties built before 2010 experiencing negative absorption while newer facilities continue to attract strong occupier ...
The Lehigh Valley apartment rental market has experienced a mismatch between housing supply and population growth, resulting in rent increases that have outpaced income growth in recent years.
Philadelphia ranks among the slowest markets nationwide for absorbing big-block office space, with availability declining by just 1.6% from its peak. This small drop in large office availability — ...
Philadelphia, the nation's ninth-largest office market with nearly 330 million square feet of total inventory, currently offers 62 big-block office spaces — contiguous areas of at least 100,000 ...
As the nation's ninth-largest office market, Philadelphia ranks 12th out of 15 major metropolitan markets for big-block office availability. The local market currently lists 62 spaces exceeding ...
While the region's market-level indicators suggest widespread weakness, a closer look reveals that massive warehouses skew the data. Mega-distribution centers’ outsized influence has lately largely ...
Lancaster, Pennsylvania's industrial market has hit a historic milestone. Investment reached $418.9 million in the trailing 12 months through the third quarter of 2025 — a record that signals the ...