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Philadelphia industrial developers find relief as supply wave levels off

Construction boom created plentiful options for tenants in a highly competitive lease-up environment
CoStar Analytics
June 11, 2025 | 5:49 P.M.

After two years of supercharged development, Philadelphia's industrial construction boom has finally leveled off. The slowdown has helped demand catch up with supply, reducing the number of unoccupied warehouses across the metropolitan area.

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