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Philadelphia Emerges as Top rated Mid-Atlantic Industrial Marketplace in 2023

Philadelphia Emerges as Top Mid-Atlantic Industrial Market in 2023

As of early 2023, Philadelphia is major the Mid-Atlantic area in conditions of industrial efficiency metrics, surpassing New York, Northern New Jersey, Washington D.C. and Boston. Philadelphia’s construction ranges are now 400% over the a few-year once-a-year normal right before the pandemic. Pushed by higher marketplace liquidity and e-commerce growth, industrial activity flourished throughout the region in current several years, specifically in places in the vicinity of important ports, these kinds of as Philadelphia.

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