Figures

Q2 2026 Northern and Central NJ Industrial Figures

July 8, 2026 5 Minute Read

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The Northern and Central New Jersey industrial market strengthened in the second quarter as leasing activity reached 8.0 million sq. ft., marking only the fourth quarter on record to exceed that threshold and pushing first-half volume to a record 17.2 million sq. ft. Strong occupier demand translated into significant occupancy gains, with net absorption totaling 5.9 million sq. ft. as tenants took occupancy of space leased during the past two quarters.