Philadelphia, a city steeped in history and culture, is an ideal location for Industrial Space For Lease. With its rich heritage and significant contributions to the United States, Philadelphia offers a unique blend of historical landmarks, cultural institutions, and modern amenities. The city's strong infrastructure, including the Philadelphia Gas Works, Philadelphia Water Department, and PECO Energy Company, provides a solid foundation for businesses to thrive. Additionally, Philadelphia's transportation infrastructure, featuring major transportation facilities like Philadelphia International Airport and 30th Street Station, makes it an attractive location for companies seeking to establish a strong presence in the region.
Philadelphia's diverse economy, with major sectors including financial services, healthcare, biotechnology, and tourism, creates a dynamic environment for Industrial Space For Lease. With a range of amenities, including the Children's Hospital of Philadelphia, Fairmount Park, and the Philadelphia Museum of Art, the city offers a high quality of life for residents and employees. Furthermore, Philadelphia is home to a variety of property types, including Flex Space, Commercial Real Estate, Land, and Restaurants, each offering unique opportunities for businesses to grow and succeed. With 117 Industrial Space listings available, Philadelphia is an attractive destination for companies seeking to establish or expand their operations. The average annual rent per square foot is $11 USD, with an average size of 62,233 square feet and a maximum space size of 1,176,232 square feet. Overall, Philadelphia's unique blend of history, culture, and modern amenities makes it an ideal location for Industrial Space For Lease.
What is the average size of industrial space for lease in the Philadelphia market?
The average size of industrial space for lease in the Philadelphia market is approximately 62,233 square feet, with a total of 117 available listings and an average annual rent of $11 USD per square foot, making it an attractive option for businesses looking to establish or expand their operations in the city.
What do I need to look for when leasing an industrial space in Philadelphia?
When leasing an industrial space in Philadelphia, there are several key factors to consider, including:
- Average annual rent per square foot, which is currently $11 USD per square foot, and average space size, which is approximately 62,233 square feet, to ensure the space meets your business needs and budget.
- Proximity to major transportation hubs, such as Philadelphia International Airport, 30th Street Station, and major highways like I-95 and I-76, to facilitate easy access to suppliers, customers, and employees.
- Zoning regulations, permits, and licenses required for your specific industry, as well as access to amenities like loading docks, cranes, and heavy power, to ensure the space is suitable for your operations.
