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Real Estate Investors Preferred Philadelphia Industrial Assets for Third Consecutive Year

Impact of Higher Interest rates Felt as Multifamily Property Sales Stumble to a 10-Year Low
CoStar Analytics
January 17, 2024 | 5:32 P.M.

Industrial properties in the Philadelphia region remained the favored property asset class despite a 57% annual sales decline in 2023. Industrial properties are expected to remain the most resilient in the coming quarters as a widespread sales slowdown is affecting all property asset types.

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