Real Estate
Expansive Opportunities At a Fraction of the Cost
Greater Philadelphia boasts a diverse inventory of affordable commercial real estate ready to meet your business needs. Comparing the top metros in the Northeast, Greater Philadelphia takes the crown with the lowest rental rates for both office and industrial space. Consider this: for Class A and B office space, Greater Philadelphia’s square footage is only 35% of the cost of New York. Not only are our office and industrial real estate markets top-notch, but Greater Philadelphia also offers R&D facilities, data centers, retail space, and every other kind of specialized real estate opportunity you can imagine.
Visit Select Greater Philadelphia (Select’s) Property Search tool to explore available real estate in our region.
Top: In 2021, University City Science Center supported 235 startups, created 301 jobs, and convened 13,807 people. Below slideshow images courtesy of, in part: PIDC.
News
Penn Announces Strategic Partnership with Longfellow Real Estate to Develop State-of-the-Art Life Sciences Facility in Philadelphia
Pennovation Works is a vibrant and growing community in the Greater Philadelphia region with innovative companies doing impactful research and product development. The Chamber of Commerce for Greater Philadelphia is excited to celebrate [...]
Surge in Life Sciences Investment in Region Continues: 2021 Total Exceeded $12 Billion
The life sciences sector in Greater Philadelphia benefited from robust investment in 2021. The 11-county area of Southeastern Pennsylvania, northern Delaware and southern New Jersey combined saw more than $12 billion invested, according to biopharma [...]
PHL Connects Region’s Life Sciences Ecosystem to the World
Accessibility is one of the attributes that make Greater Philadelphia a leading global life sciences ecosystem. James Tyrrell, chief revenue officer at Philadelphia International Airport (PHL), answered questions about how PHL contributes to the life [...]