Perth Amboy/GSP
Lakewood-New Brunswick - NJ USA - Industrial Submarket
Industrial real estate intelligence for the Perth Amboy/GSP submarket. 25.5M SF of inventory with 12.4% vacancy. Data sourced from various MLS platforms.
25.5MSF
Inventory
5.7MSF
Available
12.4%
Vacancy
20.3%
Availability Rate
$16.48
Asking Rent
3.3%
Rent Growth
740KSF
12mo Absorption
2.4MSF
Under Construction
Market Metrics
12mo Delivered
238K SF
Under Constr % of Inv
9.5%%
Sale Price/SF
$273
Cap Rate
5.5%%
12mo Sales Volume
$66,292,287
Sales Vol Growth
31.4%
Asset Value
$7,634,987,208
Net Absorption
+740K 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 (12.4%) in Perth Amboy/GSP may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 2.4M SF indicates developer confidence in the submarket. Positive net absorption of 740K SF over the past 12 months signals healthy demand fundamentals.
Other Submarkets in Lakewood-New Brunswick - NJ USA
Evaluating Perth Amboy/GSP 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.