SADDLE BROOK, NJ-CBRE’s third-quarter market report cites the highest leasing velocity on record for 2010, closing out the quarter at 1.98 million square feet, a 52 % increase over 2009.
HASBROUCK HEIGHTS, NJ-Jones Lang LaSalle's third-quarter 2010 industrial report says that average asking rents and vacancy rates remained flat from Q2 2010.
KEARNY, NJ-‘Historically, this area has been, and will remain, an active industrial region in the Tri-State, despite the economic climate and market fundamentals,’ says CBRE’s Lou Belfer.
MOONACHIE, NJ-'Given the competition between lenders today, we are starting to see more aggressive underwriting,' says AG.S. Wilcox principal Al Raymond.
SADDLE BROOK, NJ-CBRE’s third-quarter industrial report predicts overall leasing velocity is likely to exceed 2009 totals, despite one of the largest jumps in availability.