Delaware County

Philadelphia - PA USA - Industrial Submarket

Industrial real estate intelligence for the Delaware County submarket. 34.4M SF of inventory with 8.7% vacancy. Data sourced from various MLS platforms.

34.4MSF

Inventory

3.4MSF

Available

8.7%

Vacancy

9.9%

Availability Rate

$12.25

Asking Rent

2.5%

Rent Growth

-1,066,763SF

12mo Absorption

158KSF

Under Construction

Market Metrics

12mo Delivered

159K SF

Under Constr % of Inv

0.5%%

Sale Price/SF

$123

Cap Rate

8.0%%

12mo Sales Volume

$149,373,615

Sales Vol Growth

13.5%

Asset Value

$4,247,559,819

Net Absorption

-1,066,763 SF

Recent DC Sales in Market

Property	Price	SF	Buyer
Airpark Spec Bldg	$2.0M	74,880	One Stop Management
Philadelphia Data Center	$16.3M	25,718	Landmark Dividend
Boulden Interchange Park	-	61,000	Investcorp
Verizon Colocation Center - King of Prussia	$57.9M	49,998	Mapletree US Management, LLC
Philadelphia Data Center	-	25,718	Prologis, Inc.

Available DC Space in Market

Property	Avail SF	Rent	Owner
Building 4	87,100	$7.00	Shaheen Distribution Inc
2201 Green Ln	57,500	$9.10 - 11.12 (Est.)	The Leser Group
Phoenixville Corporate Center	100,000	$11.19 - 13.68 (Est.)	Scranton Maxillofacial
100 Mount Holly Bypass	54,860	$10.75 - 13.14 (Est.)	Miles Technologies
Building 34	116,714	Not Disclosed	-

Data Centre Development Potential

High vacancy (8.7%) in Delaware County may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 158K SF indicates developer confidence in the submarket. Negative absorption of 1.1M SF over 12 months warrants caution, though this may create discounted acquisition opportunities.