Philadelphia was recently named as one of three emerging global logistics hubs in the United States by CBRE Research. There were 20 cities total that received the designation, including Barcelona, Spain; Munich, Germany; and Beijing, China.
CBRE Research, a global leader in commercial real estate research, used specific criteria to determine the 20 metropolitan areas, such as infrastructure investment, evolving supply chains and technologies, and demographics.
CBRE listed the Philadelphia region’s strategic location in the Northeast, affluence of land for large distribution centers, and access to ports in New Jersey, Pennsylvania, and Maryland as considerable assets that poise the region for the emergence into a global logistics hub.
Select Greater Philadelphia supports the trade industry by highlighting the 3 major ports, over 30 active port terminals, and the ease of accessibility of the region through the Philadelphia International Airport’s 550 daily departures to 128 cities around the world. This CBRE designation shines a positive light on the future of Greater Philadelphia as a region that is developing into a world-wide competitor in the global trade industry.
Find more information from CBRE.