Philadelphia Industrial Commercial Real Estate
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Industrial Commercial Real Estate in Philadelphia
A major economic hub in the United States’ East Coast, Philadelphia serves as the 9th strongest economy in the country. Despite the city’s strength in financial services, education, and research, the industrial economy of Philadelphia is near unmatched along the East Coast.
Including manufacturing, refining, food processing, and technology, Philadelphia’s industrial sector remains strong. Based on a history of transportation, logistics, and shipping, the city has earned its reputation in the industrial world since its foundation in the 17th century. Known primarily as a textile producer, Philadelphia’s industrial strength grew toward manufacturing, construction, and logistics as the United States grew in its infancy.
As the leading industrial headquarters in the U.S., Philadelphia’s tradition of hard work and commitment to craftsmanship continues to this day. In addition to the many vacancies along the downtown corridor and the Delaware River, the city’s proximity to I-95 and the greater east coast provides ample opportunity for companies seeking easy access to the largest economic centers in the country as well as international trade hubs.
Outside of the downtown sector, Philadelphia’s northern area provides plenty of more affordable and spacious real estate. Look toward Franklinville, Abbotsford Homes, and Richmond for the best options for industrial real estate in the City of Brotherly Love.
Market Stats
Philadelphia has 2,129 commercial real estate spaces for lease, representing 22,592,694 sqft space.
759 buildings are available for sale.
In the past 30 days, Philadelphia has had 158 spaces leased.