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Big Box Industrial Space Available Near Major US Ports Hits Record High

Large Tenants Seeking Warehouses for Sea Shipments Have Most Options in Decades

202 Port Jersey Blvd., one of the closest industrial properties to New Jersey’s Port Liberty Bayonne Terminal, is fully leased. (Joseph DiBlasi/CoStar)
202 Port Jersey Blvd., one of the closest industrial properties to New Jersey’s Port Liberty Bayonne Terminal, is fully leased. (Joseph DiBlasi/CoStar)

For most of the past decade, it has been challenging to find large blocks of industrial space available for lease near the largest U.S. seaports. In some markets, such as Los Angeles and Northern New Jersey, it was extremely difficult to secure any major spaces in the mid-pandemic boom in imports from 2021 through early 2022.

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