Market activity shifted during the second quarter, but underlying fundamentals remain encouraging. While overall absorption totaled negative 24,635 square feet, continued acquisition activity, stable rental rates, and exceptional West Shore performance highlight the resilience of the Greater Harrisburg office market. Landmark’s latest Market Watch Report analyzes more than 900 office buildings and provides expert insight into the trends shaping Central Pennsylvania commercial real estate.
Q2 Market Watch at a Glance:
- 904 Buildings Tracked
- 18.75M SF Inventory
- 59,325 SF West Shore Absorption
- 96% West Shore Class A Occupancy
- 1.08M SF Available Inventory