Brunswick/Exit 9
Lakewood-New Brunswick - NJ USA - Industrial Submarket
Industrial real estate intelligence for the Brunswick/Exit 9 submarket. 24.4M SF of inventory with 9.3% vacancy. Data sourced from various MLS platforms.
24.4MSF
Inventory
2.6MSF
Available
9.3%
Vacancy
10.6%
Availability Rate
$14.91
Asking Rent
2.5%
Rent Growth
346KSF
12mo Absorption
359KSF
Under Construction
Market Metrics
12mo Delivered
0 SF
Under Constr % of Inv
1.5%%
Sale Price/SF
$238
Cap Rate
5.7%%
12mo Sales Volume
$44,450,000
Sales Vol Growth
-72.6%
Asset Value
$5,880,161,804
Net Absorption
+346K SF
Recent DC Sales in Market
| Property | Price | SF | Buyer |
|---|---|---|---|
| 201 Centennial Ave | $11.0M | 64,698 | Chirisa Technology Parks |
| EWR2 | $16.0M | 49,355 | DataBank |
| Bridgewater - NJ1 | $8.3M | 40,565 | CSB Holdings |
| NYM1 | - | 430,000 | Buyer 1 Global Infrastructure Partners | Buyer 2 Kohlberg Kravis Roberts & Co. L.P. |
| Bank of New York Data Center | $81.5M | 108,336 | BNY Mellon |
Available DC Space in Market
| Property | Avail SF | Rent | Owner |
|---|---|---|---|
| 975 Burnt Tavern Rd | 16,385 | $13.41 - 16.39 (Est.) | John P O'Neill |
| The Commerce Center at Princeton Nurseries | 450,000 | Not Disclosed | - |
Data Centre Development Potential
High vacancy (9.3%) in Brunswick/Exit 9 may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 359K SF indicates developer confidence in the submarket. Positive net absorption of 346K SF over the past 12 months signals healthy demand fundamentals.
Other Submarkets in Lakewood-New Brunswick - NJ USA
Evaluating Brunswick/Exit 9 for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.