Industrial developers and property owners are bracing for a challenging leasing environment later this year and into 2025 owing to the amount of new industrial space set to be completed this year and what appears to be a shift in tenant preferences since many of the largest projects first broke ground.
Majority of Industrial Space Under Construction in New Jersey Is Not Pre-Leased
Evolving Tenant Preferences May Leave Some Property Owners Vulnerable
By Mateusz Wnek
CoStar Analytics
March 5, 2024 | 9:47 P.M.
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IN THIS ARTICLE
- Properties
- Bridge Point Perth Amboy, Building B
1160 State St, Perth Amboy, NJ
- Tac-Pal Logistics Center
Route 73, Palmyra, NJ