(To read more on the industrial market, click here.)
SECAUCUS, NJ-The availability of industrial real estate in New Jersey has whittled away to 8.6%, down from 9.3% just three months ago, according to the most recent data from Grubb & Ellis's Industrial Market Trends report for the first quarter of 2006. This surge of more than 4.2 million sf of occupancy occurred even with record numbers of new construction hitting the market in New Jersey's various submarkets.
The biggest submarket for industrial real estate is the Meadowlands, and that's right where the RealShare Industrial East conference is going to be. This Wednesday and Thursday, June 7 and 8, the Crowne Plaza Meadowlands will host an estimated 300 industrial real estate professionals.
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