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Industrial construction activity in New Jersey increases at start of fourth quarter

Space availability likely to rise as projects struggle to find tenants
CoStar Analytics
October 15, 2025 | 4:29 P.M.

Industrial development across New Jersey had slowed for six straight quarters before posting an uptick early in the fourth quarter. Meanwhile, preleasing activity is far below peak pandemic levels, suggesting further upward pressure on the availability rate through 2026.

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