While news headlines and market reports often focus on mega-warehouses, Philadelphia’s small-bay industrial market has been quietly thriving. Small-bay facilities, typically under 50,000 square feet, have been the most in-demand industrial segment with the tightest availability. This has resulted in a market with shrinking options for companies seeking smaller industrial spaces.
Philadelphia’s Small-Bay Warehouses Remain In-Demand, and Scarce
Latest Development Boom Overlooked This Underserved Segment
CoStar Analytics
May 27, 2024 | 8:28 P.M.
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