Northern new jersey industrial market report
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.
Northern new jersey industrial market report
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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 be the leading indicator to point to as tenants begin to deploy a wait-and-see approach. 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 …
WebBrowse 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. Web13 de jan. de 2024 · The Southern New Jersey office market ended the fourth quarter on a busy note, which drove vacancies to new lows. Much of the activity was a combination of renewals and some relocations to higher-quality space. Downsizes and space givebacks …
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. 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) …
WebNew 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; …
Web12 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 … hillcrest hanleyWeb2 de fev. de 2024 · Upcoming lease expirations and a desire to act on quality space drove leasing activity in Q4 2024 to 2.3 million square feet (msf), its highest level in nine quarters and a 56.0% increase from last quarter. The five largest leases accounted for 42.1% of all demand this quarter, anchored by major commitments from Fiserv and Party City. Fiserv ... hillcrest hampton houseWeb9 de jan. de 2024 · Northern New Jersey saw its first substantial increase in vacancy in over five years. Still near historic lows, vacancy swung 60 basis points (bps) from the third quarter of 2024. Average asking rents, while up 36% year over year, will slow as vacancy climbs, allowing near-term rent growth to return to historical norms. smart city mission hindiWeb11 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 … hillcrest hamsteryWebNorthern New Jersey Industrial Market Report Midyear 2024 2024 Northern New Jersey Industrial Trends and Outlook Find out the latest economic and industrial trends impacting the Northern New Jersey metro for 2024. Includes graphs and forecasts for the … smart city microsoftWeb4 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 … smart city middle eastWebThe 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 … hillcrest handyman