South Brooklyn

New York - NY USA - Industrial Submarket

Industrial real estate intelligence for the South Brooklyn submarket. 40.7M SF of inventory with 10% vacancy. Data sourced from various MLS platforms.

40.7MSF

Inventory

4.6MSF

Available

10%

Vacancy

11.3%

Availability Rate

$27.98

Asking Rent

-0.9%

Rent Growth

-452,934SF

12mo Absorption

198KSF

Under Construction

Market Metrics

12mo Delivered

37K SF

Under Constr % of Inv

0.5%%

Sale Price/SF

$371

Cap Rate

5.9%%

12mo Sales Volume

$111,003,008

Sales Vol Growth

-22.6%

Asset Value

$15,192,417,434

Net Absorption

-452,934 SF

Recent DC Sales in Market

Property	Price	SF	Buyer
Peraton	$46.3M	195,965	Buyer 1 Altum Digital Infrastructure \| Buyer 2 Igneo Infrastructure Partners
3199 Pilot Knob Rd	$10.0M	248,482	Swervo Development Corporation
Fort Worth Data Center/DFW1	-	133,298	CSquare
4202 Fidelity St	-	425,720	Industrial Realty Group, LLC
xAI - Colossus 2 Datacenter	$72.9M	1,007,838	X Holding Corp.

Available DC Space in Market

Property	Avail SF	Rent	Owner
CityPlex Towers 20, 30, & 60	350,444	$14.00 - 19.00	Oral Roberts University
570 Commerce Blvd	80,866	$13.71 - 16.75 (Est.)	Russo Development
The Falchi Building	272,217	$23.00	Savanna Real Estate Fund
Omnis Data Center	15,070	$21.00	Omnis Network, LLC
Agave Business Center	4,053	$16.50	Camco Investment Group

Data Centre Development Potential

High vacancy (10%) in South Brooklyn may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 198K SF indicates developer confidence in the submarket. Negative absorption of 453K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.