Philly Industrial Space

Philly Industrial SpaceWolf Commercial Real Estate specializes in representing a wide range of Philly industrial space for buyers, sellers, tenants and investors.

The team at our Philadelphia commercial real estate brokerage firm is uniquely qualified in all types of industrial space in Philly, from traditional space for warehousing and manufacturing, to industrial flex space for multiple uses under one roof, such as offices, showrooms, warehousing and more. As a leading Philadelphia commercial real estate broker, we offer clients the highest standard of service and unmatched expertise as we partner with them to help them realize their Philly industrial space goals.

Buying Philly Industrial Space

For buyers and tenants looking for new industrial space in Philadelphia, the knowledgeable team at our Philadelphia commercial real estate brokerage firm is experienced in identifying the available industrial space in Philly that is the best match for your specifics needs. We assure that the sale or lease terms of your new Philadelphia industrial space complements your real estate goals, and we’re with you from the beginning of the process to the very end in order to facilitate a smooth transition into your new Philly industrial space. At Wolf Commercial Real Estate, we have the people, the power and the connections to get you the right industrial space in Philadelphia at the right price.

Selling Philly Industrial Space

For owners looking to sell or lease their industrial space in Philly, there is nothing better than the defined marketing process that our Philadelphia commercial real estate specialists developed and then tailor for each property and sub-market. This comprehensive and proven marketing strategy works exceedingly well to match buyers and tenants with available Philadelphia industrial space.

Whether you are looking for new industrial space in Philadelphia, or seeking buyers or tenants for your available Philly industrial space, Wolf Commercial Real Estate is the Philadelphia commercial real estate broker you need to make your commercial real estate goals a reality.

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Developers Slow New Industrial Projects in Philly Area

Developers Slow New Industrial Projects in Philly Area

Philadelphia’s industrial boom is winding down after a record-breaking five years that added 55 million square feet to the region’s inventory. As of March, 12.4 million square feet remain under construction, a 52% drop from the early 2023 peak.

This slowdown follows a national trend driven by rising vacancies. Half of the 32 million square feet delivered in the past two years remains unleased, and 80% of the current development pipeline is speculative with no secured tenants.

As a result, Philadelphia’s industrial availability rate has climbed 420 basis points since mid-2022, reaching 10.4%—80 basis points above the national average. Many landlords, facing unexpected carrying costs, are now more willing to subdivide spaces to attract tenants.

Leasing timelines have also stretched, with the median time to secure a tenant rising from 4.7 to 7.3 months. In response, new industrial construction has plummeted, with just 1.7 million square feet breaking ground in late 2024—the lowest level since 2018.

Despite ongoing development adding 1.9% to existing inventory—outpacing the national 1.5% rate—the slowdown suggests reduced supply entering the market by 2026, allowing demand to catch up with the 30 million square feet added since mid-2022.

*Article courtesy of Costar

Wolf Commercial Real Estate (WCRE), is a leading New Jersey, Pennsylvania, and New York commercial real estate brokerage, advisory and property management firm that specializes in healthcare, office, retail, land, industrial, and investment properties. For more information about New York health care, industrial, retail, office, land or other commercial properties, please call 856-857-6300 or send an email to info@wolfcre.com.

Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Philly’s Small-Bay Industrial Market Stays Strong

Philly’s Small-Bay Industrial Market Stays Strong

Philadelphia’s industrial market showed resilience in early 2025, sustaining strong tenant demand despite a national leasing slowdown. Vacancy rates rose with new inventory, but net absorption increased year-over-year. Burlington, New Castle, and Bucks counties continued driving leasing momentum, while industrial properties remained the region’s top investment choice for the fourth consecutive year.

Leasing activity has been steady for spaces under 300,000 square feet, but larger buildings have struggled. A broker noted strong demand for small-bay facilities under 100,000 square feet, with frequent site tours, while larger “home run” buildings saw limited traction. CoStar data shows only eight leases over 300,000 square feet were signed in the past year, compared to nearly 700 leases under 100,000 square feet.

*Article courtesy of Costar

Wolf Commercial Real Estate (WCRE), is a leading New Jersey, Pennsylvania, and New York commercial real estate brokerage, advisory and property management firm that specializes in healthcare, office, retail, land, industrial, and investment properties. For more information about New York health care, industrial, retail, office, land or other commercial properties, please call 856-857-6300 or send an email to info@wolfcre.com.

Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Alterra Secures $189M for IOS Properties

Alterra Secures $189M for IOS Properties

Philadelphia-based Alterra IOS has secured $189 million in financing from Blackstone Mortgage Trust Inc., marking another major investment in the industrial outdoor storage (IOS) sector. The loan supports Alterra IOS’ cash acquisition of 49 IOS properties across 22 states, totaling 235 usable acres. This investment brings the company’s total lender financing to over $1 billion for its latest fund, which closed in May 2024 with $925 million in commitments—surpassing its initial $750 million goal. IOS properties are strategically located near major transportation hubs, including highways, airports, and ports, providing essential storage space for heavy equipment and industrial tenants.

*Article courtesy of Philadelphia Business Journal

Wolf Commercial Real Estate (WCRE), is a leading New Jersey, Pennsylvania, and New York commercial real estate brokerage, advisory and property management firm that specializes in healthcare, office, retail, land, industrial, and investment properties. For more information about New York health care, industrial, retail, office, land or other commercial properties, please call 856-857-6300 or send an email to info@wolfcre.com.

Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Philly Cold Storage Warehouse Sold for $41M

Philly Cold Storage Warehouse Sold for $41M

Quaker Valley Foods sold its 241,000 SF cold storage warehouse at 2701 Red Lion Road, Northeast Philadelphia, for $41M in a sale-leaseback deal, ensuring continued operations. Phoenix-based Fundamental Income acquired the 40-year-old property, which Quaker Valley purchased in 2004 for $9.8M. The sale price equates to approximately $170 per SF.

*Article courtesy of Philadelphia Business Journal

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other  commercial properties for buyers, tenants, investors and sellers. Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Keystone Trade Center Lands 518,000-SF Lease

Keystone Trade Center Lands 518,000-SF Lease

US Elogistics, a third-party logistics company based in Monroe, New Jersey, has leased 517,641 square feet—half of an industrial building—at NorthPoint Development’s Keystone Trade Center in Fairless Hills. Located at 500 Ben Fairless Drive (Building 5), the lease is part of the 1,800-acre former U.S. Steel site, according to a quarterly report from Colliers, which handles leasing for the development. The 1.04 million-square-foot building still has 518,055 square feet available. NorthPoint, based in Kansas City, Missouri, is developing a $1.5 billion logistics hub with plans for 20 warehouses totaling more than 10 million square feet, with potential expansion to 15 million square feet.

*Article courtesy of Philadelphia Business Journal

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other  commercial properties for buyers, tenants, investors and sellers. Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Proposed Six-Story Industrial Building Planned for Fox Chase

Proposed Six-Story Industrial Building Planned for Fox Chase

A six-story self-storage facility is being proposed in Fox Chase. The project, located at 7801-45 Oxford Ave., involves consolidating three parcels into a single lot and requires zoning variances to move forward. Plans have been submitted to the Philadelphia Civic Design Review committee for review in February, with the Zoning Board of Adjustment set to consider the project later that month. To make way for the 118,122-square-foot facility, several existing buildings on the site would need to be demolished, according to documents filed with the city.

*Article courtesy of Philadelphia Business Journal

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other  commercial properties for buyers, tenants, investors and sellers. Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Joint Venture to Develop 176,000 SF Warehouse in Montgomery County

Joint Venture to Develop 176,000 SF Warehouse in Montgomery County

Endurance Real Estate Group LLC and Greystar-Thackeray plan to develop a 176,000-square-foot warehouse at 205 Schoolhouse Road in Souderton, Montgomery County. The 14.2-acre site, near I-476 and Route 309, was previously owned by Franconia Technology Associates. Endurance did not disclose the purchase price or development cost.

The new facility will neighbor a 176,700-square-foot warehouse at 209 Schoolhouse Road, which Endurance developed in 2020 without a tenant and later sold for $34.5 million after securing Accupac as an occupant. The joint venture, their 13th since 2006, aims to replicate that success, with construction starting soon and completion expected by late 2025.

*Article courtesy of Philadelphia Business Journal

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other  commercial properties for buyers, tenants, investors and sellers. Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Industrial Sales Drive Real Estate Market in Pennsylvania’s Capital

Industrial Sales Drive Real Estate Market in Pennsylvania's Capital

Harrisburg’s commercial real estate market has seen substantial growth over the past decade, with sales volume rising from $501 million in 2014 to $861 million in 2024—a 30% increase after adjusting for inflation. The industrial sector has been the key driver of this growth, averaging over $300 million in annual sales. By comparison, retail, office, and multifamily sales have averaged $158 million, $147 million, and $82 million, respectively.

This year, local industrial sales set a new record, highlighted by EQT Exeter’s $170.5 million acquisition of Building 1 at Core5 in Middletown—the highest single-building transaction in Harrisburg’s history. Institutional investors like EQT Exeter, Prologis, GIC, Blackstone, Brookfield, and XPO have significantly bolstered the city’s industrial market, cementing its position as a major player in this traditionally tertiary market.

*Article courtesy of Costar

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other  commercial properties for buyers, tenants, investors and sellers. Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Harrisburg’s Commercial Real Estate Market Achieves Record Growth, Led by Industrial Sector

Harrisburg's Commercial Real Estate Market Achieves Record Growth, Led by Industrial Sector

Harrisburg, Pennsylvania, has seen remarkable growth in its commercial real estate market over the past decade, with total sales volume climbing from around $501 million in 2014 to $861 million so far this year. Adjusted for inflation, this marks a growth of over 30% during the period.

The industrial sector remains a dominant force in the local market, leading annual sales averages with over $300 million. By comparison, retail properties have averaged $158 million, office properties $147 million, and multifamily properties $82 million annually.

This year, industrial sales in Harrisburg reached a record high, bolstered by EQT Exeter’s $170.5 million purchase of Building 1 at Core5 in Middletown — the largest single-building transaction in the city’s history. Major institutional investors, including EQT Exeter, Prologis, GIC, Blackstone, Brookfield, and XPO, have significantly shaped Harrisburg’s industrial market, traditionally viewed as a tertiary market.

*Article courtesy of Costar

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other  commercial properties for buyers, tenants, investors and sellers. Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

McDonald’s Distributor Leases New Warehouse in Northeast Philly

McDonald's Distributor Leases New Warehouse in Northeast Philly

Martin Brower, a global supply chain company and McDonald’s largest supply chain partner has leased a 147,000-square-foot warehouse under construction in Northeast Philadelphia. Developed by Crow Holdings at 14515 McNulty Road, the facility will include 57,000 square feet of cold storage and is set for completion in fall 2025. Martin Brower is part of Reyes Holdings, which also owns Reyes Beverage Group and Reyes Coca-Cola Bottling.

*Article courtesy of Philadelphia Business Journal

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other  commercial properties for buyers, tenants, investors and sellers. Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.