Berks
Reading - PA USA - Industrial Submarket
Industrial real estate intelligence for the Berks submarket. 65.8M SF of inventory with 5.6% vacancy. Data sourced from various MLS platforms.
65.8MSF
Inventory
6.7MSF
Available
5.6%
Vacancy
10.1%
Availability Rate
$7.88
Asking Rent
5.3%
Rent Growth
1.3MSF
12mo Absorption
1.0MSF
Under Construction
Market Metrics
12mo Delivered
110K SF
Under Constr % of Inv
1.5%%
Sale Price/SF
$94
Cap Rate
8.2%%
12mo Sales Volume
$309,474,265
Sales Vol Growth
5.5%
Asset Value
$6,294,355,119
Net Absorption
+1.3M SF
Data Centre Development Potential
Moderate vacancy (5.6%) in Berks suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 1.0M SF indicates developer confidence in the submarket. Positive net absorption of 1.3M SF over the past 12 months signals healthy demand fundamentals.
Evaluating Berks 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.