In 2023 the Lancaster County, PA commercial real estate market totaled 4,725,630 square feet of office spaces, 10,464,941 square feet of office spaces with retail, and 54,079,556 square feet of industrial space.
Office Spaces
Total: 4,725,630 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 |
2,002,110 SqFt |
42.37% of total office |
| 100k to 500k SqFt |
2,111,588 SqFt |
44.68% of total office |
| 500k to 1M SqFt |
611,932 SqFt |
12.95% of total office |
By class:
| Class |
Total square feet |
Share of total |
| Class A |
1,693,315 SqFt |
35.83% of total office |
| Class B |
2,618,484 SqFt |
55.41% of total office |
| Class C |
277,831 SqFt |
5.88% of total office |
Roughly 12.95% of the total office space in Lancaster County, PA is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 42.37% of the office inventory.
Class A office space holds a 35.83% share of the overall Lancaster County, PA office market, while Class B office assets make up approximately 55.41%.
Industrial
Total: 54,079,556 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 |
13,369,809 SqFt |
24.72% of total industrial |
| 100k to 500k SqFt |
25,155,279 SqFt |
46.52% of total industrial |
| 500k to 1M SqFt |
6,674,491 SqFt |
12.34% of total industrial |
| > 1M SqFt |
8,879,977 SqFt |
16.42% of total industrial |
By class:
| Class |
Total square feet |
Share of total |
| Class A |
10,646,954 SqFt |
19.69% of total industrial |
| Class B |
38,312,425 SqFt |
70.84% of total industrial |
| Class C |
2,982,156 SqFt |
5.51% of total industrial |
There are 25,155,279 square feet of commercial real estate properties between 100k to 500k square feet, representing 46.52% of the Lancaster County, PA industrial inventory. Class A assets total 10,646,954 square feet of industrial space, with an additional 38,312,425 square feet of Class B and 2,982,156 square feet of Class C properties.
Office Spaces with Retail
Total: 10,464,941 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 |
3,046,075 SqFt |
29.11% of total office with retail |
| 100k to 500k SqFt |
5,984,870 SqFt |
57.19% of total office with retail |
| > 1M SqFt |
1,433,996 SqFt |
13.7% of total office with retail |
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