New Jersey Industrial MarketBeat Q4 2025
New Jersey's industrial market in Q4 2025 achieved 28.8 million square feet of new leasing activity—the third-highest annual total on record—with the Turnpike Corridor accounting for 70.5% of year-to-date activity, though the vacancy rate rose to 8.9% due to 4.4 million square feet of new deliveries and 2.2 million square feet of negative net absorption in the fourth quarter. The Port of New York and New Jersey recorded a 2.9% year-over-year increase in container volume through November, while overall asking rent declined 4.8% year-over-year to $16.60 per square foot, with Class A warehouse and distribution properties showing stronger resilience than non-Class A assets.
Published by Cushman & Wakefield. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Cushman & Wakefield
- Obtained from
- Unknown: source not established
- Published
- Dec 31, 2025
- Last updated
- Jun 28, 2026 (1 month ago)
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