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NJ Q4 2021 New Jersey Turnpike Corridor Market Report

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Surrounded by more than 61 million people within 250 miles of its core, the Northern/Central New Jersey market services the largest population concentration in the country.  

Because of its location and robust logistics advantages, occupier demand is strong within New Jersey’s Turnpike Corridor market amid the coronavirus pandemic, with full-year 2021 leasing activity totaling 34.2 million square feet (MSF), up 9.5% year-over-year. The acceleration of new construction has brought new opportunities to a market where space remains scarce.

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NJ Q4 2021 New Jersey Turnpike Corridor Market Report

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