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Leasing
Ringing Up Revenues!
The millions of travelers and employees using Philadelphia International
Airport each year translate into high volume retail traffic for
the Airport’s shopping and dining venues. Here are some
vital statistics about PHL and its strong base of likely buyers:
- 31.5 million passengers travel through PHL each year, ranking
the airport 15th in passenger traffic among the nation’s
top 100 airports.
- 34,000 airline and airport employees populate the airport
24 hours a day, 7 days a week.
- PHL boasts over 700 flights daily and provides non-stop
flights to 80 domestic and 30 international destinations.
- PHL is served by 30 airlines.
- 76% of all passengers originating in Philadelphia arrive at
the airport an hour or more ahead of scheduled flight departure
time.
- 84% of all connecting passengers spend an hour or more in
the Airport.
- Approximately 50% of passengers are traveling for business.
- In 2005, sales averaged $950 per square foot, with 35% of
tenants exceeding $1,300 per square foot.
The average PHL passenger demographics are higher than for most
mall shoppers:
- Annual household income of $71,000
- Most likely employed as a professional or executive
- 42 years old and married
The Philadelphia Metro Market boasts remarkable attributes:
- Population: 6.1 million people
- $48.2 billion in annual retail sales
- 4th largest retail market in the U.S.
- Over 80 colleges and universities with 55,000 graduates annually
- City of Philadelphia population: 1.5 million
Taking Charge
MarketPlace Development, in partnership with Redwood Advisory, is responsible for the development and management of this award-winning food and retail program at Philadelphia International Airport. For further information, please contact:
Leasing Department
MarketPlace Development
One Wells Avenue, Suite 205
Newton, MA 02459
617-243-7400
leasing@marketplacedev.com
For information on specialty leasing, please contact:
Specialty Leasing Department
MarketPlace/Redwood LP
Philadelphia International Airport
Terminal D, Upper Level
Philadelphia, PA 19153
215-937-1200
www.philamarket.com
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