US EditionVacancy rate high, but stable along I-78/I-80 industrial corridor - Central Penn Business Journal
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Vacancy rate high, but stable along I-78/I-80 industrial corridor - Central Penn Business Journal
The commercial vacancy rate along the I-78/I-80 industrial corridor continues to rise as a drop-off in pandemic-era demand for space and concerns about current economic conditions have impacted the market. In its most recent commercial real estate report for the corridor, CBRE says that vacancy rates are likely to remain high – but not dramatically so – for at least the near future. Leah Balerno, senior vice president for CBRE, said the higher v…
Vacancy rate high, but stable along I-78/I-80 industrial corridor
The commercial vacancy rate along the I-78/I-80 industrial corridor continues to rise as a drop-off in pandemic-era demand for space and concerns about current economic conditions have impacted the market. In its most recent commercial real estate report for the corridor, CBRE says that vacancy rates are likely to remain high – but not dramatically so – for at least the near future. Leah Balerno, senior vice president for CBRE, said the higher v…
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