Joe O’Donnell from Omega Commercial Real Estate sent us a report for the commercial real estate vacancy rates in the Conshohocken sub-market.

The 2018 first quarter report showed a vacancy rate of 5.5%. That was down from 6.9% in the fourth quarter of 2017. The vacancy rate for the second quarter of 2018 is now up to 6.1%.

Class B space had a vacancy rate of 3.3% in the first quarter of 2018, down from 3.4% in the fourth quarter of 2017. The vacancy rate for the second quarter of 2018 is 4.7%.