Relocate your business to the Greater Philadelphia region and you put yourself in the middle of everything. Greater Philadelphia has the advantage of being located between the financial capital of the world (New York City) and the political capital of the world (Washington D.C.).

Market Position

• Highly skilled labor force.
• Excellent telecommunications.
• Some of the most affordable office space on the East Coast.
• Plus, you're closer to customers, partners and world-class transportation links.

Market Access

• 100 million people are within a one-day drive
• New York City and Washington D.C. are within a 2.5 hour drive
• West Coast, Europe and South America are accessible via non-stop, 6-hour flights

Market Power

The total gross regional product generated within a 200-mile radius of Greater Philadelphia in 2010 was $2.8 trillion. If considered as a single national economy, it would rank 5th in the world.*

That 200-mile circle around the center of Greater Philadelphia accounts for:

• 122 companies on the 2010 Fortune 500 list.
• 1.9 million private-sector business establishments.
• A 2010 population of more than 46.5 million, second highest among the 12 largest MSAs and 18% of total U.S. population.
• A total 2010 income of more than $1.5 trillion, 2nd-highest among the top 12 MSAs.
• Average income per household of $86,398 in 2010, 2nd-highest among the 12 largest MSAs and 20.9%
  above the national average.
• Approximately 19.1% of the total U.S. gross
  domestic product.

Sources: Bureau of Labor Statistics, 2009. Bureau of Census, 2009. Bureau of Economic Analysis, 2009. Global Insights, 2009. For chart: Grubb & Ellis,  March 2009. Note: Metropolitan definitions used by Grubb & Ellis generally conform to  boundaries.

*Methodology: Select drew a 200-mile radius around Center City Philadelphia and then identified the Metropolitan Statistical Areas (MSAs) and counties located entirely or partially within this distance. We then used 2010 estimates of gross state product (gsp), gross metropolitan product (gmp) and gross county product (gcp) for each of these geographies provided by IHS Global Insight to calculate the total gross domestic product originating from within the 200-mile market area. The shares for MSAs and counties located partially within the 200-mile radius were based on the percent of their land areas falling within this distance. The result was an estimate of $2.8 trillion in gross domestic product originating from the 200-mile market area. We compared this value to 2010 estimates of GDP by country (in U.S. dollars) prepared by the International Monetary Fund..