Philadelphia ranks 25th nationally in terms of its overall share of speculative industrial development as the region closes out 2025. As of the fourth quarter, speculative projects—those built without a secured tenant—account for 76% of all ongoing industrial construction across the metropolitan area.
Speculative projects still dominate Philadelphia’s industrial construction pipeline
Developers continue to build new logistics facilities without tenants as industrial vacancy rises
CoStar Analytics
December 17, 2025 | 10:54 P.M.
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IN THIS ARTICLE
- Properties
- Garden State Logistics Park Building A
373 Broadway, Pennsville, NJ
- Building 2
3144 Passyunk Ave, Philadelphia, PA