A developer has purchased a 20-acre parcel in Bordentown, where it plans to build more than 200,000 square feet of new logistics space near the junction of two major highways.
I.CON panel: For spec builders in top logistics markets, it pays to wait to sign a lease
In today’s booming industrial market — with rents rising by the month and supply at unprecedented lows — developers are now grappling with a seemingly unprecedented question: How soon is too soon to sign a lease at a building that’s still under construction? According to some leading owners, it pays to wait.