I-81 Corridor
Scranton - PA USA - Industrial Submarket
Industrial real estate intelligence for the I-81 Corridor submarket. 124.7M SF of inventory with 6.4% vacancy. Data sourced from various MLS platforms.
124.7MSF
Inventory
10.6MSF
Available
6.4%
Vacancy
8.3%
Availability Rate
$7.39
Asking Rent
5.3%
Rent Growth
1.4MSF
12mo Absorption
2.9MSF
Under Construction
Market Metrics
12mo Delivered
1.3M SF
Under Constr % of Inv
2.3%%
Sale Price/SF
$68
Cap Rate
8.1%%
12mo Sales Volume
$413,313,179
Sales Vol Growth
263.9%
Asset Value
$8,688,061,870
Net Absorption
+1.4M SF
Recent DC Sales in Market
| Property | Price | SF | Buyer |
|---|---|---|---|
| Amazon AWS PHIL | $69.0M | 300,000 | AWS |
Data Centre Development Potential
Moderate vacancy (6.4%) in I-81 Corridor suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 2.9M SF indicates developer confidence in the submarket. Positive net absorption of 1.4M SF over the past 12 months signals healthy demand fundamentals.
Evaluating I-81 Corridor 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.