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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Industrial Property Spending in Pennsylvania Capital Hits Record

Industrial Property Spending in Pennsylvania Capital Hits Record

The Harrisburg industrial real estate market reached a record $740.6 million in sales in 2024, more than double last year’s total of $328.1 million. This growth caps a decade of steady expansion, solidifying the region as a key Northeast distribution hub. Over the past ten years, annual industrial sales have averaged over $330 million, significantly outperforming office, retail, and multifamily sectors.

*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.

Developer Delivers Three Philadelphia Buildings, Secures First Lease

Developer Delivers Three Philadelphia Buildings, Secures First Lease

Veho, a third-party logistics company specializing in last-mile delivery, has leased a 148,611-square-foot industrial building at 4501 Richmond St. in Northeast Philadelphia. This deal marks the first lease in the local portfolio of Chicago-based developer Bridge Industrial, which also completed an adjacent 741,701-square-foot facility. Both buildings, located in the Bridesburg neighborhood along the Delaware River near the Betsy Ross Bridge, were finished in March. No tenant has been secured yet for the larger property, and Veho’s lease spans ‘a few years,’ according to Bridge Industrial’s Director of Investments, Connor Milanaik.

*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.

SEPTA Acquires a Warehouse in Northeast Philadelphia

SEPTA Acquires a Warehouse in Northeast Philadelphia

SEPTA has purchased a warehouse adjacent to Northeast Philadelphia Airport for $11.25 million, as per Philadelphia property records. This acquisition is part of a trend of industrial sales near the airport. The warehouse at 10551 Decatur Road covers over 136,000 square feet, most of which SEPTA had previously leased since 2019 for use as a supply chain warehouse.

A SEPTA spokesperson confirmed the building will continue to serve that purpose but refrained from commenting further due to “legal matters.” The property was sold by Drummond Decatur and State Properties LLC, which has owned the site since 2012. Records indicate that the LLC purchased the building for $17.1 million, with an assessed value of $10.27 million.

*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 Buys 6-Building Industrial Portfolio in Montgomery County

Joint Venture Buys 6-Building Industrial Portfolio in Montgomery County

Affiliates of Endurance Real Estate Group and Greystar-Thackeray have acquired a six-building light industrial portfolio in West Norriton for $31.75 million. The portfolio, totaling 200,359 square feet and fully leased to 15 tenants, was sold by Western Valley Forge Business Center LLC and IIT Valley Forge Business Center LLC. The buildings feature clear heights between 18 and 20 feet, along with a combined 530 parking spaces and 46 loading positions. This acquisition marks the 12th joint venture between Radnor-based Endurance and Thackeray since 2006; Thackeray was acquired by Greystar in 2021.

*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.

Seller Nets Tenfold Return as Northeast Philly Industrial Market Booms

Seller Nets Tenfold Return as Northeast Philly Industrial Market Booms

A New York investment firm has acquired a 305,000-square-foot distribution center near Northeast Philadelphia Airport, marking another significant industrial sale in the area. Eagle Cliff Real Estate Partners purchased the property at 11350-11400 Norcom Road from 5601 Tulip LLC and Monarch Global Brands, as announced by real estate brokerage Binswanger.

The sale price was $33.7 million, according to an industry source, a remarkable increase from the $3.3 million paid for the property in 2016. Built in 1965, the building sits on 16.8 acres and is fully occupied by Monarch, a wholesaler and manufacturer of microfiber and linens, along with another tenant.

*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.

NY Investment Firm Acquires Northeast Philadelphia Warehouse

NY Investment Firm Acquires Northeast Philadelphia Warehouse

Two years after its completion, a Northeast Philadelphia distribution warehouse has been sold for $83.5 million to a global investment firm, according to property records.

The 282,737-square-foot building at 9801 Blue Grass Road is fully leased to TJX Companies, the parent company of TJ Maxx, HomeGoods, and Marshalls. DH Property Holdings sold the property to Blue Grass Owner II LLC, which shares the same New York address as alternative investment giant KKR.

In 2020, New York-based DH Property Holdings purchased the 21-acre site for $10.5 million from Huntingdon Valley real estate firm Sant Properties.

*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.

Delco Warehouse Sells for 41% Above Its Price from Two Years Ago

Delco Warehouse Sells for 41% Above Its Price from Two Years Ago

Velocity Venture Partners has sold a 468,000-square-foot industrial building in Yeadon, Delaware County, for $59 million, marking a 41% increase from its purchase price two years ago. New York-based Lightstone Group, making its first acquisition in the Philadelphia area, bought the warehouse at 6250 Baltimore Ave., according to Newmark’s Ryan Guittare, the listing agent. The sale, which closed on Monday, equates to $126 per square foot. The property is located just outside Philadelphia.

*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.

Philly Investor Acquires Another Industrial Outdoor Site

Philly Investor Acquires Another Industrial Outdoor Site

Philadelphia-based Alterra Property Group has expanded its industrial outdoor storage (IOS) portfolio in Charlotte, North Carolina, with the recent acquisition of a 5.4-acre site at 309 Morningside Road for $3.25 million, according to Mecklenburg County records. The property, purchased from Miaco Properties LLC, includes a 10,000-square-foot industrial building and is leased by The Loving Group, a landscaping solutions company. Located near Mount Holly Road in northwest Charlotte, this site adds to Alterra’s growing investments in the region.

*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 Development Resurgence in the Philadelphia Region in 2024

Industrial development stages a resurgence across Philadelphia region in 2024

In contrast to national trends, Philadelphia’s industrial development has rebounded significantly in recent quarters. After hitting a three-year low at the end of 2023, the region’s active industrial construction pipeline has surged by 28%.

As of Q3 2024, over 17.3 million square feet across 55 industrial buildings are under construction in the Philadelphia metropolitan area, up from 13.5 million square feet at the end of 2023. Southern New Jersey—comprising Burlington, Camden, Gloucester, and Salem counties—represents over 45% of the region’s total industrial construction.

Salem County now leads the Philadelphia region in industrial activity, with 4.4 million square feet underway, making it the only area with over 1 million square feet in construction. Given the relatively small existing industrial space in Salem, this construction represents an impressive 47% increase in the county’s inventory.

*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.

Premier Cherry Hill Flex/Industrial Unit For Lease

Premier Cherry Hill Flex/Industrial Unit For Lease

Wolf Commercial Real Estate, the leading commercial real estate and advisory firm in South Jersey has been appointed the exclusive listing agent for 2091 Springdale Road, Unit 17, Cherry Hill, New Jersey 08003. The Cherry Hill unit is available for lease.

The unit holds +/- 3,655 square feet that could be utilized by flex/industrial users.

Features of 2091 Springdale Road

2091 Springdale Road is available at the end of 2024. Included in the property are one 8’x8′ loading dock, 16′ ceiling height, six individual offices, a reception area, a conference room, a kitchenette, and two restrooms with furniture available upon request. It is a zoned industrial restriction having a dry sprinkler system and electric is 120/208 Volt 200 amp service with a sub panel that has 100 amps. The building has suite signage and Comcast & Verizon Internet services available.

The property has easy access to Routes 70 and 73, NJ Turnpike, and I-295 and is 15 minutes from the Tacony-Palmyra and Ben Franklin Bridges. Additionally, 2091 Springdale Road is close to various hotels, restaurants, and retailers.

For more information about the lease price or a tour of the industrial space, please contact Erin Warwick, Executive Vice President, at (856) 857 6303 or via email erin.warwick@wolfcre.com and Ryan Barikian, Vice President, at (856) 857 6307 or via email ryan.barikian@wolfcre.com. To review the brochure, please click here.

Wolf Commercial Real Estate is a full-service CRE brokerage and advisory firm with a full range of commercial real estate listings and services. The firm handles a variety of properties including medical, office, industrial, retail and investment. WCRE represents buyers, landlords, investors, tenants and sellers and also provides property management services. For a full list of buildings and suites that are available for sale or lease, visit www.wolfcre.com.