Wednesday, August 23, 2017

Top Five Philadelphia Industrial Leases Signed in Q2 2017

The select top industrial lease signed during the first half of 2017 in the Philadelphia market was at Prologis Carlisle - Bldg. I in the Harrisburg Area West Industrial submarket.

Ace Hardware leased 874,126 square feet in the Lebanon Valley Distribution Center in the Lebanon Industrial submarket.

B&H Photo signed a 577,200-square-foot lease in the second quarter at First Florence Logistics Center in the Burlington Industrial submarket. NAI Mertz represented the landlord.

Herman's Warehousing leased 400,000 square feet at Liberty Business Center II - Lot 5 in the Lehigh Valley Industrial submarket. renewed its 346,188-square-foot lease at Pureland VI in the Gloucester County Industrial submarket during the second quarter.

This trend is compared to the U.S. National Industrial select largest lease signings occurring in 2017, which include the 1 million-square-foot lease signed by Lindt at Lambert Farms Logistics Park - Building B1 in the Atlanta market, the 874,126-square-foot deal signed by Ace Hardware at Lebanon Valley Distribution Center in the Philadelphia market and the 857,379-square-foot lease signed by Amazon at Troutdale Logistics Center in the Portland market.

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