1. As space in Philadelphia decreases, where in Philadelphia's suburbs will become the next industrial hub?
2. How is the growth of e-commerce affecting Philadelphia's industrial scene?
3. How is the industrial sector's labor shortage affecting Philadelphia's growth?
4. As developers are building new warehouses in and around Philadelphia, what's happening to older industrial buildings in North Philadelphia?
5. What do recently approved Opportunity Zones mean for Philadelphia's industrial development, and how do they differ from traditional Keystone Opportunity Zones?
|7:30 AM - 8:25 AM||
Registration, Networking & Breakfast
|8:25 AM - 8:45 AM||
Fireside Chat: Introducing Opportunity Zones
|8:45 AM - 9:25 AM||
The Future of Philly's Industrial Scene
|9:25 AM - 10:05 AM||
Tenant Demands: Location, Logistics, and More
|10:05 AM - 10:35 AM||
Ten Avenue of the Arts
Philadelphia, PA 19102
Ballroom: Grand Ballroom
Parking Information: Valet Parking $32
$20 Self-Parking at the Wanamaker Building, which is located across Broad Street on the other side of City Hall
Based on its central location, as well as its strong labor pool, Philadelphia has always had a booming industrial market. According to Real Estate Business, industrial vacancy rates are below 7 percent, well below regional and national averages. E-commerce is also fueling demand for warehouse space within the region and stabilizing rents. But is demand exceeding new developments in the Philadelphia area?
While space in Philadelphia proper is become scant, the industrial scene in South Jersey is on the rise, only accentuated by Amazon's latest distribution center. Will other suburbs, including Lehigh Valley and Delaware County, become the next major industrial hub in the greater Philadelphia region?
Join us at our Philadelphia Industrial event as we tackle these topics and more with top owners, developers, and investors in the Philadelphia region. Where will new industrial developments appear, and what will happen to older facilities? And what do Pennsylvania's unique Keystone Opportunity Zones mean for the future of Philadelphia's industrial market?
Add to the conversation on Twitter by using hashtag #BisnowPhilly and follow @BisnowPHILA!
For questions, recommendations, comments, or press inquiries please email our Philadelphia event producer, Elizabeth Baker at firstname.lastname@example.org