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 and B space, Greater Philadelphia square footage is less than 65% 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 restaurant in America by the James Beard Award—Zahav
- #6 in the world for Food and #7 for Drink
- #11 Most Vibrant Arts Communities in America
Cost of Living
- Compared to Boston, New York City and Washington, D.C., Greater Philadelphia has a lower cost of doing business, lower office rental rates, lower cost of labor, and more affordable housing
Access To Market
- TWO Class 1 freight railways
- THREE major shipping ports along the Delaware River
- THIRD busiest Amtrak station in the U.S.
- FIVE international airports within a 90-minute drive
- 100+ interstate highway interchanges
Parks and Recreation
- With 300 miles of interconnected trails, the Circuit Trails span nine counties in southeastern Pennsylvania and southern New Jersey and are one of the largest trail networks in the country with plans to expand to 750 miles
- Greater Philadelphia residents and visitors are a short drive from the beaches and boardwalks of Delaware and the Jersey Shore, as well as lakes and slopes of Pennsylvania’s Pocono Mountains, offering all-season activities for the entire family
- Philadelphia’s Fairmount Park, one of the world’s largest city park systems, has over 9,200 acres of waterfront, woodlands, and parks for residents and visitors to enjoy
Sports
- Consistently ranked a top sports city, Philadelphia has eight professional sports teams play in state-of-the-art stadiums
- Philadelphia Fusion, an esports team in the Overwatch League, announced plans for a new $50 million, 3,500 seat arena that is set to be located in the heart of the South Philadelphia Sports Complex, making it the largest newly constructed, dedicated esports arena in the Western Hemisphere
More Regional Facts and Data
