Chester

Philadelphia - PA USA - Industrial Submarket

Industrial real estate intelligence for the Chester submarket. 42.6M SF of inventory with 7.2% vacancy. Data sourced from various MLS platforms.

42.6MSF

Inventory

3.0MSF

Available

7.2%

Vacancy

7%

Availability Rate

$14.69

Asking Rent

3.4%

Rent Growth

-328,952SF

12mo Absorption

136KSF

Under Construction

Market Metrics

12mo Delivered

357K SF

Under Constr % of Inv

0.3%%

Sale Price/SF

$152

Cap Rate

8.0%%

12mo Sales Volume

$120,894,545

Sales Vol Growth

39.3%

Asset Value

$6,505,704,327

Net Absorption

-328,952 SF

Recent DC Sales in Market

PropertyPriceSFBuyer
Philadelphia Data Center$16.3M25,718Landmark Dividend
MI05 Detroit Data Center-76,000US Signal
28 Mansfield St$5.3M23,668Landmark Dividend
Boulden Interchange Park-61,000Investcorp
Verizon Colocation Center - King of Prussia$57.9M49,998Mapletree US Management, LLC

Available DC Space in Market

PropertyAvail SFRentOwner
Rochester Technology Campus1,000,000$5.16 - 6.31 (Est.)Industrial Realty Group, LLC
2201 Green Ln57,500$9.10 - 11.12 (Est.)The Leser Group
Bldg II23,772$11.95Gary A Shiffman
Phoenixville Corporate Center100,000$11.19 - 13.68 (Est.)Scranton Maxillofacial
100 Mount Holly Bypass54,860$10.75 - 13.14 (Est.)Miles Technologies

Data Centre Development Potential

Moderate vacancy (7.2%) in Chester suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 136K SF indicates developer confidence in the submarket. Negative absorption of 329K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.

Luke Tatman

Evaluating Chester 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.