In 2023 the Luzerne County, PA commercial real estate market totaled 2,553,094 square feet of office spaces, 7,992,738 square feet of office spaces with retail, and 90,383,669 square feet of industrial space.
Office Spaces
Total: 2,553,094 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 |
1,615,083 SqFt |
63.26% of total office |
100k to 500k SqFt |
938,011 SqFt |
36.74% of total office |
By class:
Class |
Total square feet |
Share of total |
Class A |
614,207 SqFt |
24.06% of total office |
Class B |
1,580,420 SqFt |
61.9% of total office |
Class C |
215,467 SqFt |
8.44% of total office |
Class A office space holds a 24.06% share of the overall Luzerne County, PA office market, while Class B office assets make up approximately 61.9%.
Industrial
Total: 90,383,669 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 |
5,693,839 SqFt |
6.3% of total industrial |
100k to 500k SqFt |
41,305,848 SqFt |
45.7% of total industrial |
500k to 1M SqFt |
18,148,917 SqFt |
20.08% of total industrial |
> 1M SqFt |
25,235,065 SqFt |
27.92% of total industrial |
By class:
Class |
Total square feet |
Share of total |
Class A |
38,030,555 SqFt |
42.08% of total industrial |
Class B |
22,691,903 SqFt |
25.11% of total industrial |
Class C |
799,091 SqFt |
0.88% of total industrial |
There are 41,305,848 square feet of commercial real estate properties between 100k to 500k square feet, representing 45.7% of the Luzerne County, PA industrial inventory. Class A assets total 38,030,555 square feet of industrial space, with an additional 22,691,903 square feet of Class B and 799,091 square feet of Class C properties.
Office Spaces with Retail
Total: 7,992,738 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 |
1,740,885 SqFt |
21.78% of total office with retail |
100k to 500k SqFt |
4,803,199 SqFt |
60.09% of total office with retail |
500k to 1M SqFt |
1,448,654 SqFt |
18.12% of total office with retail |