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Industrial market finds balance in Q3 as leasing surges, construction slows in New Jersey – Real Estate NJ
Summary by Re-nj.com
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Industrial market finds balance in Q3 as leasing surges, construction slows in New Jersey – Real Estate NJ
500 Salt Meadow Road in Carteret — File photo / Courtesy: Crow Holdings Development By Joshua Burd Industrial vacancy in New Jersey declined in the third quarter, as landlords enjoyed strong leasing momentum and a much-needed slowdown in new building deliveries. Much of that demand came from tenants seeking more than 100,000 square feet, according to multiple reports, including those that had hesitated in prior quarters as trade tensions loomed.…
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