Philadelphia's industrial real estate market is undergoing a notable downturn, with demand reaching its lowest levels in more than a decade. The decline in leasing activity follows trade policy announcements earlier this year that have increased uncertainty in the logistics and manufacturing sectors, prompting some companies to postpone expansion decisions and reevaluate supply chain operations.
Demand for Philadelphia industrial space stumbles to a 10-year low
Modern facilities consistently outperform vintage stock in attracting tenants
CoStar Analytics
August 11, 2025 | 8:09 P.M.
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