Industrial tenants are still yearning for the types of modern, high-end logistics spaces that have flooded the market in recent years. When they may actually sign a lease is not nearly as certain.
Owners Council Q&A: Mark Shearer
Opportunities for industrial remain along the New Jersey Turnpike corridor. Because there is a lack of available land, we feel the opportunities will come from the redevelopment of contaminated sites and demolition of underutilized office complexes, and the conversion of obsolete industrial facilities. The Port and demographics continue to drive demand for space.
