Figures

PA I-78/I-81 Corridor Industrial Figures Report Q2 2026

Robust leasing activity continued as vacancy stabilized

July 7, 2026 3 Minute Read

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Steady demand fueled by a surge in Class A logistics leasing activity over the last six months along with a more disciplined construction pipeline are pointing toward vacancy stabilization in the short term. Vacancy rose slightly to 8.6% as a result of a fresh wave of supply, but the construction pipeline shrunk to just 9 million sq. ft. Well below the post-Fed rate hike average of 12.6 million sq. ft. of under construction. Average asking rents reached $9.08 per-sq.-ft. and increased by 0.8% quarter-over-quarter, showing that pricing remained resilient despite the softer supply backdrop.