1421 Race Street

1421 Race Street, Philadelphia, PA 19102

Property Information

  • For Lease $25.00 - $45.00/SF/YR
  • Property Type Special Purpose
  • Property Size 180,000 SF
  • Lot Size 1.52 Acre
  • # of Floors 13
  • Average Floor Size 8,000 SF
  • Building Class A
  • Year Built 1928
  • Year Renovated 2023
  • Date Updated Nov 22, 2025
  • Building Hours 24

Description

Premium Lab Suites Ready for Immediate Move-In

 

Transform your research at Race Street Labs — Philadelphia’s strategic life science hub.

Situated in the heart of Center City and seamlessly connected to Drexel University College of Medicine, Race Street Labs provides a state-of-the-art environment engineered to support biotechnology, microbiology, chemistry, and other advanced research operations.

Private Full-Floor Lab Suite

This move-in ready lab suite combines functionality, safety, and flexibility — designed to accelerate your team’s path from discovery to commercialization.

 

Suite Features:

• Two 6-foot Venturi fume hoods for safe chemical and biological work

• Four laboratory sinks with gooseneck faucets and eyewash capability

• Three expansive lab islands with 16 fully powered workstations

• Large open-concept team office plus two private executive offices

• Dedicated storage and IT/server rooms

• Two private restrooms within the suite

• Private kitchen and break area

• Emergency shower and eyewash station

• Automatic motion-sensor lighting system

• Backup generator and dual 13,200V power feeds for reliability

• On-site facility and lab management team

• Lab HVAC exhaust system and circulating chilled water

• Freight elevator and loading dock access for equipment delivery

 

The lab suite spans an entire private floor — offering your team the security, exclusivity, and infrastructure needed for focused research and innovation.

 

________________________________________

Building Amenities

Race Street Labs offers a comprehensive amenity package that blends scientific performance with workplace comfort:

Lifestyle & Work Amenities

• Structured parking available within one block of the site

• 24-hour keycard access

• Coffee bar and lounge area

• Large main-level conference room 

• Indoor bike storage

• Ping pong and recreation area

• Virtual golf simulator

• Shower and locker facilities for tenant use

________________________________________

Why Race Street Labs

• Custom-designed, fully lab-ready environments

• Robust infrastructure optimized for life sciences research

• Flexible office configurations for collaborative teams

• On-site management and maintenance support

 

In addition to our ready-to-occupy suites, Race Street Labs has additional lab space in development that can be customized to your specifications. Whether your team requires expanded wet lab capacity, specialized clean room environments, or integrated office and collaboration space, our design team will partner with you to build a space tailored to your research and operational needs.

Position your team at the intersection of academic excellence and commercial innovation in Philadelphia’s flourishing biotech corridor.

Schedule a private tour today to experience how Race Street Labs can elevate your research and accelerate your discoveries.

Highlights

  • Situated in the heart of Center City and seamlessly connected to Drexel University College of Medicine, Race Street Labs provides a state-of-the-art environment engineered to support biotechnology, microbiology, chemistry, and other advanced research operations.
  • 24 hour key card access
  • Large main level conference room
  • Indoor bike storage
  • Virtual golf simulator
  • Coffee bar and lounge area

3 Spaces Available

12th Floor

Space Type

Healthcare

Lease Rate

$25.00 - $45.00/SF/YR

Total Space

8,000 SF

Floor

12

Min Divisible

800 SF

Available Date

Immediate

Lease Type

NNN

Sublease

No

Prime 12th Floor Office Opportunity – Ideal for Medical or Clinical Use 

Discover an exceptional opportunity to customize your perfect workspace high above the city. This unfinished 12th-floor office suite offers a blank canvas ready to be tailored to the specific needs of your medical practice, clinical operation, or professional office.

 

Whether you’re expanding your practice, opening a new location, or designing a state-of-the-art clinical environment, this space offers unmatched potential.

14th Floor

Space Type

Special Purpose (Other)

Lease Rate

$25.00 - $45.00/SF/YR

Total Space

8,000 SF

Floor

14

Available Date

Immediate

Lease Type

NNN

Sublease

No

Build Type

Full build out

Turnkey

Yes

9th floor

Space Type

Flex Space

Lease Rate

$25.00 - $45.00/SF/YR

Total Space

8,000 SF

Floor

9

Available Date

Immediate

Lease Type

NNN

Sublease

No

Unlock the potential of this unfinished 9th-floor suite, perfectly suited for companies in need of flexible workspace, research and development space, or a customizable environment tailored to innovation. This is a rare opportunity to shape an entire floor into your ideal workspace for research, development, creativity, and growth.

Contacts

Julie Foyle

Maridian PropWatchtower Property Companyerties

Location

Located at 1421 Race Street, Philadelphia, PA 19102, this property is part of the Logan Square neighborhood and Philadelphia market.

Contact Listing Broker
Julie Foyle

Maridian PropWatchtower Property Companyerties

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.