In 2023 the Lackawanna County, PA commercial real estate market totaled 2,663,708 square feet of office spaces, 4,915,283 square feet of office spaces with retail, and 26,546,065 square feet of industrial space.
Office Spaces
Total: 2,663,708 SF
Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
| Range |
Total square feet |
Share of total |
| 50k to 100k SqFt |
1,297,955 SqFt |
48.73% of total office |
| 100k to 500k SqFt |
1,365,753 SqFt |
51.27% of total office |
By class:
| Class |
Total square feet |
Share of total |
| Class A |
601,415 SqFt |
22.58% of total office |
| Class B |
1,580,308 SqFt |
59.33% of total office |
Class A office space holds a 22.58% share of the overall Lackawanna County, PA office market, while Class B office assets make up approximately 59.33%.
Industrial
Total: 26,546,065 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
| Range |
Total square feet |
Share of total |
| 50k to 100k SqFt |
3,798,596 SqFt |
14.31% of total industrial |
| 100k to 500k SqFt |
12,446,361 SqFt |
46.89% of total industrial |
| 500k to 1M SqFt |
5,004,871 SqFt |
18.85% of total industrial |
| > 1M SqFt |
5,296,237 SqFt |
19.95% of total industrial |
By class:
| Class |
Total square feet |
Share of total |
| Class A |
10,499,176 SqFt |
39.55% of total industrial |
| Class B |
13,166,735 SqFt |
49.6% of total industrial |
| Class C |
976,968 SqFt |
3.68% of total industrial |
There are 12,446,361 square feet of commercial real estate properties between 100k to 500k square feet, representing 46.89% of the Lackawanna County, PA industrial inventory. Class A assets total 10,499,176 square feet of industrial space, with an additional 13,166,735 square feet of Class B and 976,968 square feet of Class C properties.
Office Spaces with Retail
Total: 4,915,283 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
| Range |
Total square feet |
Share of total |
| 50k to 100k SqFt |
1,172,350 SqFt |
23.85% of total office with retail |
| 100k to 500k SqFt |
2,977,933 SqFt |
60.59% of total office with retail |
| 500k to 1M SqFt |
765,000 SqFt |
15.56% of total office with retail |
609 Luzerne Street, Scranton, PAFor Lease
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116 North Washington Avenue, Scranton, PA
