Industrial space demand in Northern New Jersey is stumbling into year-end as a trio of large move-outs weigh on net absorption, or the change in occupied space. Suburbs may currently lead the area with marginally positive demand, but a wave of new supply could soon overwhelm existing absorption trends.
Northern New Jersey's supply risk to test suburban industrial owners
Morris County claims the widest supply-demand imbalance heading into 2025
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In