The market has stabilized compared to last year. While leasing velocity has tempered from its pandemic-era peak, we remain optimistic about New Jersey’s infill and functional industrial product.
Owners Council Q&A: Mark Shearer
We are seeing more tours from brand name companies with great credit, but decision makers still aren’t ready to make a commitment. Liquidity is coming back into the market; Amazon is back in the market. Construction starts are down and the fundamentals are improving but there is still uncertainty in the market.



