Northern new jersey industrial market report

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August undefined, 2024

Web11 de mar. de 2024 · The market encompasses two states, New Jersey and Pennsylvania. New Jersey state incentives can be found on the Northern/Central New Jersey page. Over the past five years, there have been 382 economic incentives deals totaling more than … WebVan Keuren Avenue, Bldg 1, Jersey City 427,200 AMZ / Hilco Warehouse/Distribution Speculative Port Region 65 Baekeland Avenue, Middlesex 400,000 Rockefeller Group Warehouse/Distribution Confidential E-commerce user Upper 287 Corridor MARKET STATISTICS NEW JERSEY Industrial Q2 2024 SUBMARKET INVENTORY (SF) …

Q1 2024 –Industrial Northern New Jersey

WebAbout. Our CBRE Industrial & Logistics Team specializes in Northern and Central New Jersey. We are the market leaders in these regions, and our success is attributed to constant communication ... Web11 de mar. de 2024 · With 493 million sq. ft. of total inventory, Southern New Jersey/Eastern Pennsylvania is the second-largest big-box region in North America. Nearly 48 million sq. ft. leased in 2024, leading to a sharp vacancy rate decline to 4.0% from 6.6% in 2024. Rents shot up, with occupiers signing deals at $7.07 per sq. ft. per year, 21% … cso food poverty

Will NJ lose ground to warehouse sprawl? NJ Spotlight News

WebLet us guide you toward real estate’s bold new future. You are now on CBRE Global Site Dismiss. Skip to content. Services ... Latest Market Reports. See All Market Reports. Figure Net-Lease Investment Declines in 2024; ... Industrial & Logistics; Retail Email … WebThe Northern/Central New Jersey market serves the largest population base in the U.S. The region leads North America in the 50-, 100- and 250-mile radius areas. Population within 50 miles of the market core is expected to grow by 1.7% over the next five years to 17.7 million people. Web18 de jul. de 2024 · In northern and central New Jersey, the vacancy rate dropped to a record low of 2.6% from 3.7% a year earlier, and the amount of industrial space under construction climbed to 16.2 million square feet, the most ever recorded. More than 47 … cso flute

New Jersey Industrial Market Ranks No. 5 in Nation GlobeSt

Savills Northern New Jersey 2024 Q4 Market Report

Web12 de out. de 2024 · Q3 2024 New Jersey Industrial Market Report Download Report By Colin Hyde Oct 12, 2024 Amid supply constraints and an ongoing demand for industrial warehouse space, New Jersey’s … WebThe Northern New Jersey industrial market may be showing it's first signs of cooling demand. While vacancy remains unchanged and near historic lows, quarterly leasing activity, which has dipped 35% from Q4 and 50% from Q1 2024, may be the leading indicator to point to as tenants begin to deploy a wait- and-see approach. cso fonctionWeb31 de out. de 2024 · Colliers’ roots in the New York region date back to 1926. Today, the firm serves clients through the expertise of 410 professionals, including 150 brokers, in seven offices across New York City and the outer boroughs, Long Island, northern and central New Jersey, southwestern Connecticut and Westchester County, NY. eai hood river

"WebIn the Central Business District (CBD) submarket, where the highest concentration of Class A buildings is located, the overall availability rate is well above the market average at 18.2% with the Class A rate being at 19.4%. " - Northern new jersey industrial market report

Northern new jersey industrial market report

2024 North America Industrial Big Box Review & Outlook: …

Web19 de jul. de 2024 · Download Report. Jul 19, 2024. New Jersey's industrial market continued to benefit from a shift in consumer buying habits that resulted in a record first half of the year. Leasing activity reached 29.1 million square feet (MSF) at the halfway mark, … Web11 de jan. de 2024 · Asking rents in northern New Jersey’s industrial market ticked up 23 percent in 2024 to an average rate of $10.85 per square foot — a new high, data from Savills Research show. That...

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WebNorthern New Jersey industrial leasing activity continued to remain strong through the fourth quarter of 2024. Net absorption for the quarter was 2,956,154 square feet, bringing the year-to-date total to 12,241,767 square feet. Vacancy rose slightly, closing the year … WebSavills Research provides advice and analysis to clients across the UK and globally, with specialists in commercial, residential and rural property research.

WebAlmost $155 billion worth of goods were purchased online, a record high, which helped propel the New Jersey warehouse market to new heights. As a result of the strong demand for next day and same day delivery in the NYC Metro region, transportation and warehousing employment has climbed by 5,300 jobs this past year, a 2.5% increase. Web20 de abr. de 2024 · At the time of publishing, vacancy is sitting at 7.9%, down 6% YOY, and is expected to fall even more as more than half of the 19.8 MSF under construction has already been leased. I-78/I-81 Submarkets 7.7 MSF Annual Transactions 3.3 MSF Annual Net Absorption 6.8% Annual Market Growth 3.9% Average Asking Rent YOY Growth I …

Web10 de abr. de 2024 · The Northern New Jersey industrial market may be showing it's first signs of cooling demand. While vacancy remains unchanged and near historic lows, quarterly leasing activity, which has dipped 35% from Q4 and 50% from Q1 2024, may … Web21 de fev. de 2024 · News New Jersey Industrial Market Ranks No. 5 in Nation A report released by CBRE found that the vacancy rate for the Central and Northern New Jersey market for the 6.3 million square feet of new ...

WebCollection of MarketBeat reports highlighting commercial real estate activity in New Jersey.

Web11 de abr. de 2024 · New Jersey Industrial Insight - Q4 2024 Summary and analysis of New Jersey's current economic and industrial real estate market conditions. January 12, 2024 Download our quarterly insights to learn about the basic fundamentals of the New … eai focuses on the integration ofWebBrowse our market research The Legal Tenant Our hub for commercial real estate articles and research from experts offering industry-leading advice and analysis specifically for law firms. eaight district court in nvWebNew Jersey office market report Q4 2024. ... New Jersey office market report Q3 2024. New Jersey and Philadelphia industrial market report Q2 2024. New Jersey office market report Q2 2024. Turning Information into Intelligence. Subscribe to Reports; … eai healthcareWeb4 de abr. de 2024 · Ultralow vacancy means few options for tenants in Northern New Jersey industrial market. Conditions in the Northern New Jersey industrial market continued to favor landlords during the first quarter of 2024 with exceptionally low vacancy and rising rents. While vacancy inched up by 20 basis points to 2.5%, it remains close to … eai intsys 2022WebNorthern New Jersey industrial market fundamentals improved in all categories during the second quarter of 2024. New leasing caused vacancy to decrease to an all-time low of 3.8%, while competition for remaining bigbox distribution space pushed the - average asking … cso food poverty ratesWeb12 de jan. de 2024 · Summary and analysis of New Jersey's current economic and office real estate market conditions. January 12, 2024 Download our quarterly insights to learn about the basic fundamentals of the New Jersey office market as well as major activity … e aigner shoesWebThe new year started similarly to the final quarter of 2024 with another 1.9 million square feet (msf) of overall net absorption recorded throughout the market. Much of the occupancy gains were concentrated from Exit 8A up through Exit 12 while some of the Northern … eai food