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.
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.
