• Occupiers have displayed strong demand for existing inventory, absorbing 975,543 sq. ft. of vacant Philadelphia-area big-box spaces in 2019.
  • Between Q3 2018 and Q4 2019, developers delivered just two >40,000 sq. ft. spaces to the market: Giant’s anchor boxes at Mid-County Shopping Center in Broomall and Pocono Plaza in East Stroudsburg.
  • Discount apparel and home décor concepts and select grocers have driven demand for space in the market.
  • Forty-four percent of the region’s available big-box spaces measure 40,000-60,000 sq. ft.