{"id":1004782447,"date":"2026-09-30T04:40:03","date_gmt":"2026-09-30T12:40:03","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004782447"},"modified":"2026-09-30T06:15:23","modified_gmt":"2026-09-30T14:15:23","slug":"new-jersey-industrial-market-update","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/new-jersey-industrial-market-update\/","title":{"rendered":"New Jersey Industrial Development Picks Up the Pace"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/1-Buckingham-Ave-in-Perth-Amboy-NJ-edited.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"941\" height=\"707\" data-attachment-id=\"1004810616\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/1-buckingham-ave-in-perth-amboy-nj-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/1-Buckingham-Ave-in-Perth-Amboy-NJ-edited.jpg\" data-orig-size=\"941,707\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"1 Buckingham Ave in Perth Amboy, NJ\" data-image-description=\"&lt;p&gt;Image courtesy of Lee &#038; Associates, attached to the press release.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Aerial shot of the industrial facility at 1 Buckingham Ave. in Perth Amboy, N.J.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/1-Buckingham-Ave-in-Perth-Amboy-NJ-edited.jpg?w=941\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/1-Buckingham-Ave-in-Perth-Amboy-NJ-edited.jpg\" alt=\"Aerial shot of the industrial facility at 1 Buckingham Ave. in Perth Amboy, N.J.\" class=\"wp-image-1004810616\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/1-Buckingham-Ave-in-Perth-Amboy-NJ-edited.jpg 941w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/1-Buckingham-Ave-in-Perth-Amboy-NJ-edited.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/1-Buckingham-Ave-in-Perth-Amboy-NJ-edited.jpg?resize=768,577 768w\" sizes=\"auto, (max-width: 941px) 100vw, 941px\" \/><\/a><figcaption class=\"wp-element-caption\">The industrial facility at 1 Buckingham Ave. is across the Arthur Kill tidal strait from southern Staten Island.&nbsp;<em>Image courtesy of Lee &amp; Associates<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>New Jersey\u2019s industrial market entered the second half of the year with substantially more space under construction than a year prior, Yardi Matrix data shows. Construction starts also increased, while <a href=\"https:\/\/www.commercialsearch.com\/news\/data-centers-are-creating-spillover-industrial-demand-will-it-last\/\">industrial deliveries<\/a> remained relatively close to last year\u2019s pace.<\/p>\n\n\n\n<p>Investment activity also stayed elevated, with sales volume approaching $1.8 billion and pricing above several peer markets. At the same time, vacancy remained below the national average and in-place rents posted one of the stronger annual gains among major industrial markets.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-construction-activity-builds-from-last-year\">Construction activity builds from last year<\/h2>\n\n\n\n<p>New Jersey had nearly 10.3 million square feet of industrial space under construction across 34 properties as of the end of July. The pipeline represented 1.7 percent of total stock, below the 2 percent national average.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/Central-9-Logistics-Park.png\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"933\" height=\"700\" data-attachment-id=\"1004775509\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/new-jersey-industrial-campus-lands-654m-in-financing\/central-9-logistics-park\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/Central-9-Logistics-Park.png\" data-orig-size=\"933,700\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Central 9 Logistics Park\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Central 9 Logistics Park  in Old Bridge, N.J. will eventually comprise 4.1 million square feet of industrial space across nine separate buildings. Image courtesy of Madison Realty Capital&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/Central-9-Logistics-Park.png?w=933\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/Central-9-Logistics-Park.png\" alt=\"an aerial shot of Central 9 Logistics Park, a 4.1 million-square-foot industrial park in Old Bridge, N.J.,\" class=\"wp-image-1004775509\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/Central-9-Logistics-Park.png 933w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/Central-9-Logistics-Park.png?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/Central-9-Logistics-Park.png?resize=768,576 768w\" sizes=\"auto, (max-width: 933px) 100vw, 933px\" \/><\/a><figcaption class=\"wp-element-caption\">Central 9 Logistics Park in Old Bridge, N.J., will eventually comprise 4.1 million square feet of industrial space across nine separate buildings. <em>Image courtesy of Madison Realty Capital<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Among peer markets, Dallas had 33.7 million square feet underway, followed by Phoenix with 30.8 million square feet. The Kansas City industrial space pipeline was considerably smaller, at 3.3 million square feet.<\/p>\n\n\n\n<p>New Jersey development activity increased considerably from the same period last year, when four projects totaling 1.2 million square feet were under construction. Through July, developers also broke ground on 18 properties totaling 4.1 million square feet, up from 14 projects encompassing 2.6 million square feet during the same period of 2025.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/new-jersey-industrial-campus-lands-654m-in-financing\/\">Central 9 Logistics Park<\/a> &#8211; Building 1 is among the largest projects currently underway in the metro. The 808,510-square-foot property at 201 Jake Brown Road is expected to come online this year and will include 131 dock-high doors, four grade-level doors and 424 parking spaces.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/data-centers-are-creating-spillover-industrial-demand-will-it-last\/\">Data Centers Are Creating Spillover Industrial Demand. Will It Last?<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-deliveries-remain-close-to-last-year-s-pace\">Deliveries remain close to last year\u2019s pace<\/h2>\n\n\n\n<p>Year-to-date through July, New Jersey delivered 14 industrial properties totaling 3.7 million square feet. The completions represented 0.6 percent of total stock, close to the 0.7 percent national average.<\/p>\n\n\n\n<p>Delivery volume was slightly below the same period last year, when 18 properties totaling 4.2 million square feet came online, according to Yardi Matrix data.<\/p>\n\n\n\n<p>Dallas led the peer group with 15.5 million square feet delivered, followed by Phoenix at 7 million square feet. The Inland Empire completed 1.9 million square feet, while Kansas City delivered 1.6 million square feet during the period.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-pricing-remains-elevated-amid-active-sales\">Pricing remains elevated amid active sales<\/h2>\n\n\n\n<p>New Jersey\u2019s industrial sales volume reached approximately $1.75 billion year-to-date through July, according to Yardi Matrix data. Some 62 properties totaling 9.8 million square feet changed hands.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/07\/385-FranklinAve-Rockaway-NJ.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"1600\" height=\"1240\" data-attachment-id=\"1004805122\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/northbridge-partners-acquires-nj-shallow-bay-property\/385-franklinave-rockaway-nj\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/07\/385-FranklinAve-Rockaway-NJ.jpg\" data-orig-size=\"1600,1240\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"385-FranklinAve-Rockaway-NJ\" data-image-description=\"&lt;p&gt;Image emailed to Briefs.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;385 Franklin Ave. last sold in 2021. Image courtesy of JLL.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/07\/385-FranklinAve-Rockaway-NJ.jpg?w=1024\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/07\/385-FranklinAve-Rockaway-NJ.jpg\" alt=\"A photo of 385 Franklin Ave. in Rockaway, N.J.\" class=\"wp-image-1004805122\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/07\/385-FranklinAve-Rockaway-NJ.jpg 1600w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/07\/385-FranklinAve-Rockaway-NJ.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/07\/385-FranklinAve-Rockaway-NJ.jpg?resize=768,595 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/07\/385-FranklinAve-Rockaway-NJ.jpg?resize=1024,794 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/07\/385-FranklinAve-Rockaway-NJ.jpg?resize=1536,1190 1536w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\" \/><\/a><figcaption class=\"wp-element-caption\">385 Franklin Ave. last sold in 2021<em>. Image courtesy of JLL.<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Industrial assets traded at an average of $184 per square foot. Phoenix and the Inland Empire posted lower averages of $158 and $156 per square foot, respectively, while Chicago averaged $97 per square foot and Kansas City $96 per square foot.<\/p>\n\n\n\n<p>In July, NorthBridge Partners acquired <a href=\"https:\/\/www.commercialsearch.com\/news\/northbridge-partners-acquires-nj-shallow-bay-property\/\">385 Franklin Ave<\/a>., an 81,000-square-foot shallow-bay industrial facility in Rockaway, N.J., from LM Real Estate Partners. JLL Capital Markets represented the seller. The transaction value was not disclosed, although the property previously sold for $13 million in 2021, according to Yardi Matrix data. The warehouse and distribution facility is leased to 11 tenants.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-vacancy-stays-below-the-national-rate\">Vacancy stays below the national rate<\/h2>\n\n\n\n<p>New Jersey\u2019s industrial vacancy rate stood at 8 percent at the end of July, below the 9.3 percent national average. <a href=\"https:\/\/www.commercialsearch.com\/for-sale\/industrial\/us\/il\/chicago\/\" target=\"_blank\" rel=\"noreferrer noopener\">Chicago office space<\/a> had a higher rate of 11 percent, followed by Dallas at 9.4 percent, the Inland Empire at 8.7 percent and Phoenix at 8.3 percent. Kansas City posted a lower vacancy rate of 6.7 percent.<\/p>\n\n\n\n<p>Average in-place rents reached $12.86 per square foot, up 7.3 percent over the previous 12 months. Leases signed during that period averaged $14.61 per square foot.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/07\/Spring-Brook-Commerce-Center-in-Mine-Hill-N.J-edited.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"758\" height=\"569\" data-attachment-id=\"1004805905\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/spring-brook-commerce-center-in-mine-hill-n-j-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/07\/Spring-Brook-Commerce-Center-in-Mine-Hill-N.J-edited.jpg\" data-orig-size=\"758,569\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Spring Brook Commerce Center, in Mine Hill, N.J.\" data-image-description=\"&lt;p&gt;Image courtesy of Resource Realty of Northern New Jersey, attached to the press release.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;The LEED-certified industrial property was recently completed.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/07\/Spring-Brook-Commerce-Center-in-Mine-Hill-N.J-edited.jpg?w=758\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/07\/Spring-Brook-Commerce-Center-in-Mine-Hill-N.J-edited.jpg\" alt=\"Aerial shot of the Spring Brook Commerce Center in Mine Hill, N.J.\" class=\"wp-image-1004805905\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/07\/Spring-Brook-Commerce-Center-in-Mine-Hill-N.J-edited.jpg 758w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/07\/Spring-Brook-Commerce-Center-in-Mine-Hill-N.J-edited.jpg?resize=300,225 300w\" sizes=\"auto, (max-width: 758px) 100vw, 758px\" \/><\/a><figcaption class=\"wp-element-caption\">The LEED-certified property features a 42-foot ceiling height.&nbsp;<em>Image courtesy of Resource Realty of Northern New Jersey<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Amazing Savings signed a 173,475-square-foot industrial lease at Brookfield Properties\u2019 recently completed <a href=\"https:\/\/www.commercialsearch.com\/news\/brookfield-signs-discount-retailer-in-new-jersey\/\">Spring Brook Commerce Center<\/a> in Mine Hill, N.J. Resource Realty of Northern New Jersey represented the tenant, while Lee &amp; Associates represented the landlord. The location will support the discount chain\u2019s expansion and service across the Tri-State area.<\/p>\n\n\n\n<p>More recently, a freight transportation services provider signed a 250,000-square-foot lease at <a href=\"https:\/\/www.commercialsearch.com\/news\/freight-transporter-inks-250-ksf-at-nj-facility\/\">1 Buckingham Ave.<\/a>, a 407,700-square-foot industrial facility in Perth Amboy, N.J. Accurate Builders and Developers owns the property, according to Yardi Matrix data. The building became fully leased following the transaction. The tenant will relocate from its previous location in Union County, N.J.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>See which other metrics are also performing well.<\/p>\n","protected":false},"author":3014,"featured_media":1004810616,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21782,22251,21748,21783,52420,10],"tags":[51047],"class_list":["post-1004782447","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-development","category-in-focus","category-industrial","category-investment","category-market-updates","category-northeast","tag-marketupdate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>New Jersey Industrial Development Picks Up the Pace - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"An in-depth look at New Jersey\u2019s industrial market performance and conditions, according to data provided by Yardi Matrix.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/new-jersey-industrial-market-update\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Jersey Industrial Development Picks Up the Pace\" \/>\n<meta property=\"og:description\" content=\"An in-depth look at New Jersey\u2019s industrial market performance and conditions, according to data provided by Yardi Matrix.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/new-jersey-industrial-market-update\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-30T12:40:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-09-30T14:15:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/08\/1-Buckingham-Ave-in-Perth-Amboy-NJ-edited.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"941\" \/>\n\t<meta property=\"og:image:height\" content=\"707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Diana Firtea\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/new-jersey-industrial-market-update\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/new-jersey-industrial-market-update\\\/\"},\"author\":{\"name\":\"Diana Firtea\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/a0c04b9de1387474e28c9ebdb0444e59\"},\"headline\":\"New Jersey Industrial Development Picks Up the Pace\",\"datePublished\":\"2026-09-30T12:40:03+00:00\",\"dateModified\":\"2026-09-30T14:15:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/new-jersey-industrial-market-update\\\/\"},\"wordCount\":731,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/new-jersey-industrial-market-update\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2026\\\/08\\\/1-Buckingham-Ave-in-Perth-Amboy-NJ-edited.jpg\",\"keywords\":[\"#MarketUpdate\"],\"articleSection\":[\"Brokerage\",\"Development\",\"In Focus\",\"Industrial\",\"Investment\",\"Market Updates\",\"Northeast\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/new-jersey-industrial-market-update\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/new-jersey-industrial-market-update\\\/\",\"name\":\"New Jersey Industrial Development Picks Up the Pace - 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