Figures

Q1 2026 NYC Boroughs Industrial Figures

April 9, 2026 5 Minute Read

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The NYC industrial market began 2026 with steady mid sized tenant demand but continued pressure on vacancy and softening rents. Leasing reached 677,000 sq. ft., consistent with historical norms, though large national occupiers remained largely absent and tenant preferences leaned toward cost efficient, flexible use space over premium Class A product.