Lancaster County
Lancaster - PA USA - Industrial Submarket
Industrial real estate intelligence for the Lancaster County submarket. 86.1M SF of inventory with 4.1% vacancy. Data sourced from various MLS platforms.
86.1MSF
Inventory
3.5MSF
Available
4.1%
Vacancy
4%
Availability Rate
$9.30
Asking Rent
4.8%
Rent Growth
-258,652SF
12mo Absorption
86KSF
Under Construction
Market Metrics
12mo Delivered
1.1M SF
Under Constr % of Inv
0.1%%
Sale Price/SF
$89
Cap Rate
7.8%%
12mo Sales Volume
$217,407,622
Sales Vol Growth
-41.9%
Asset Value
$7,680,520,785
Net Absorption
-258,652 SF
Available DC Space in Market
| Property | Avail SF | Rent | Owner |
|---|---|---|---|
| 1515 Lititz Pike | 54,655 | $5.95 | Burkwood Associates |
Data Centre Development Potential
Moderate vacancy (4.1%) in Lancaster County suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 86K SF indicates developer confidence in the submarket. Negative absorption of 259K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.
Evaluating Lancaster County for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.