PHILADELPHIA-In the midst of continuing lackluster office space absorption in the suburbs, a CBRE report sees Center City and the Horsham and Plymouth Meeting/Blue Bell submarkets out-performing the rest next year.

PHILADELPHIA-Although the vacancy rate for the metro-area industrial market inched up to 10.4% in third-quarter, CBRE analysts see mild, steady growth as large blocks of sublease space become scarce and construction halts.

BETHLEHEM, PA-In July 2002, the real estate developer targeted $100 million toward acquisition of up to 2.5-million sf within 18 to 24 months. With the purchase of 2000 City Line Rd. here its portfolio exceeds that goal.

PHILADELPHIA-All American Screen Printing Machine and Supply pays approximately $700,000, or about $15.56 per sf, for the Jesse Jones Box Corp. building and will move from its current 7,000-sf headquarters on Ontario St.

PHILADELPHIA-While the CBD posted positive space gains in third quarter, the city's western suburbs suffer from "mistimed construction," a glut of sublease space and some corporate relocations, according to Grubb & Ellis data.

HARRISBURG, PA-Within a month of its public offering on the NYSE, the Port Washington, NY-based REIT pays $2.4 million and assumes $19.6 million in financing for an outstanding 50% share of the 255,447-sf shopping center here.

ARDMORE, PA-The 42,581-sf former Smith Supply complex at 110-120 West Lancaster Ave. here is Geat-Ju's second hardware facility acquisition in a month. The sale price was $3.2 million, or about $75.15 per sf.

PHILADELPHIA-Despite anemic employment growth, Marcus & Millichap says the apartment market here has shown "marked resilience." He sees "continued steady appreciation in values" for multifamily investment throughout the MSA.