Project completions across Somerset County, New Jersey, outpaced space demand in 2023 and 2024, driving the availability rate 440 basis points higher to nearly 10% as the calendar flips to June. That’s the highest reading for the measure since mid-2015.
Industrial availability rate climbs to 10-year high in Somerset County, New Jersey
Largest properties struggle to attract tenants to the suburbs
By Mateusz Wnek
CoStar Analytics
May 29, 2025 | 1:49 P.M.
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