Urban Region, Affordable Price
Compared to Boston, New York and Washington, D.C., Greater Philadelphia has the lowest rental rates for office and industrial space.
For Class A space, Greater Philadelphia square footage is less than 60% of the cost of New York, making Greater Philadelphia the best bargain in the largest Northeast metro areas.
The Greater Philadelphia region boasts an inventory of world-class commercial real estate, ready to meet your business needs: Office, Light and Heavy Industrial, Flex/R&D, Intermodal, Specialty (port/lab/data center/call center), Retail, Land, and Build-to-Suit.
For market reports on recent real estate trends, visit:
For assistance in finding the right location and obtaining related information including data, locations, landlords, brokers, construction and project managers, engineers, utilities and real estate legal, tax and incentive support contact:
Meghan Kelly
Director, Business Expansion Services
215-790-3726 or 1-800-221-0774
Arts and Culture
- Philadelphia is the first and only World Heritage City in the U.S.
- #1 City for Culture by Travel + Leisure Magazine
- #1 place to travel to in U.S. by Lonely Planet (2016)
- #1 for heritage and culture by Pacific Area Travel Writers Association (2016)
Cost of Living
- Greater Philadelphia also has one of the lowest costs of living and median home sales prices among other large metropolitan statistical areas (MSAs) including Boston, New York and Washington, D.C.
Global Access
- Two Class 1 freight railways
- Convenient access to the world via I-95, I-80, I-78, and the NJ and PA Turnpikes
- Three major ports
- Philadelphia International Airport is served by 25 airlines offering 525 daily departures to 130 non-stop destinations and 37 international destinations
- 60% of the U.S. Population is within a two-hour flight
Parks and Recreation
- Philadelphia has 426 miles of bike lanes, the most bike lanes per square mile of any U.S. city
- Philadelphia ranks as the #4 most walkable city in the U.S.
- Fairmount Park is one of the largest urban parks in the U.S.
Sports
- Travel + Leisure rated Philadelphia as the #1 Most Sports-Crazed City in the U.S.
- Eight professional sports teams play in state-of-the-art stadiums
More Regional Facts and Data
