Exit 8A
Lakewood-New Brunswick - NJ USA - Industrial Submarket
Industrial real estate intelligence for the Exit 8A submarket. 80.5M SF of inventory with 8.6% vacancy. Data sourced from various MLS platforms.
80.5MSF
Inventory
9.9MSF
Available
8.6%
Vacancy
12.3%
Availability Rate
$13.97
Asking Rent
5.1%
Rent Growth
-1,343,556SF
12mo Absorption
128KSF
Under Construction
Market Metrics
12mo Delivered
342K SF
Under Constr % of Inv
0.2%%
Sale Price/SF
$255
Cap Rate
5.3%%
12mo Sales Volume
$371,199,990
Sales Vol Growth
8.4%
Asset Value
$20,530,200,575
Net Absorption
-1,343,556 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 (8.6%) in Exit 8A may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 128K SF indicates developer confidence in the submarket. Negative absorption of 1.3M SF over 12 months warrants caution, though this may create discounted acquisition opportunities.
Other Submarkets in Lakewood-New Brunswick - NJ USA
Evaluating Exit 8A 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.