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New York Industrial Space Growing Faster Than US, Other Large Cities

Recent Completions and an Uptick in Sublet Space Has Caused Availability To Spike
This 1 million-square-foot facility at 2505 Bruckner Blvd. in the Bronx, recently constructed in 2022, sits on the Westchester Creek waterfront. The rise in the number of buildings like this one has contributed to rising availability across the country. (CoStar)
This 1 million-square-foot facility at 2505 Bruckner Blvd. in the Bronx, recently constructed in 2022, sits on the Westchester Creek waterfront. The rise in the number of buildings like this one has contributed to rising availability across the country. (CoStar)
CoStar Analytics
March 7, 2024 | 4:59 P.M.

The U.S. industrial sector is still grappling with a growing amount of available space. But availability rates in some cities, like New York, have risen faster than in others.

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