Ivy Hill Condominiums — Lease in Philadelphia, PA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Philadelphia, PA 19150
  • Size: 23,210 SF
  • Year built: 2007

Description

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Market Context

This industrial in Philadelphia, PA is listed for lease across 23,210 SF. The building dates to 2007. It has been on the market for 74 days. Compare it against other industrial listings for lease in Philadelphia, PA — view the full market.

As of Q1 2026, the Philadelphia industrial market showed a 3.8% vacancy rate, average asking rents near $14.00/SF/yr, rents up 3.8% year over year, and cap rates around 5.5%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Industrial market FAQ

What is the typical cap rate for industrial in Philadelphia?
About 5.5% as of Q1 2026, per multiple brokerage reports.
Is the Philadelphia industrial market tightening or softening?
Vacancy is around 3.8%, with asking rents rising year over year (Q1 2026).

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