Lehigh Valley
Lehigh Valley - PA USA - Industrial Submarket
Industrial real estate intelligence for the Lehigh Valley submarket. 158.5M SF of inventory with 9.6% vacancy. Data sourced from various MLS platforms.
158.5MSF
Inventory
20.7MSF
Available
9.6%
Vacancy
12.9%
Availability Rate
$9.79
Asking Rent
5.9%
Rent Growth
-2,910,413SF
12mo Absorption
2.4MSF
Under Construction
Market Metrics
12mo Delivered
591K SF
Under Constr % of Inv
1.5%%
Sale Price/SF
$130
Cap Rate
6.9%%
12mo Sales Volume
$514,114,611
Sales Vol Growth
164.6%
Asset Value
$20,975,778,878
Net Absorption
-2,910,413 SF
Recent DC Sales in Market
| Property | Price | SF | Buyer |
|---|---|---|---|
| Allentown - TekPark Data Center, Building 5 | $35.4M | 134,000 | TierPoint |
| TierPoint TekPark Data Center- Building 4 | $35.1M | 122,337 | TierPoint |
Data Centre Development Potential
High vacancy (9.6%) in Lehigh Valley may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 2.4M SF indicates developer confidence in the submarket. Negative absorption of 2.9M SF over 12 months warrants caution, though this may create discounted acquisition opportunities.
Other Submarkets in Lehigh Valley - PA USA
Evaluating Lehigh Valley 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.