Philadelphia has solidified its position as a top-tier industrial real estate market, delivering over 4 million square feet of new space in the first quarter of 2025. The city ranked fourth in a new national report by CommercialCafe, making it the highest-ranked market on the East Coast.
The ranking evaluated 30 major U.S. industrial hubs based on early 2025 data. Metrics included new construction volume, vacancy rates, average sale and lease prices, pipeline activity, and online search interest. Phoenix topped the list, followed by Houston and California’s Inland Empire.
Philadelphia’s high ranking was fueled by strong development activity, competitive pricing, and increasing demand. The region continues to attract attention from users and investors seeking space for warehousing, manufacturing, and logistics.
*Article courtesy of Philadelphia Inquirer
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