South Queens

New York - NY USA - Industrial Submarket

Industrial real estate intelligence for the South Queens submarket. 15.9M SF of inventory with 7.5% vacancy. Data sourced from various MLS platforms.

15.9MSF

Inventory

1.2MSF

Available

7.5%

Vacancy

7.8%

Availability Rate

$28.49

Asking Rent

0.2%

Rent Growth

98KSF

12mo Absorption

0SF

Under Construction

Market Metrics

12mo Delivered

84K SF

Under Constr % of Inv

0.0%%

Sale Price/SF

$411

Cap Rate

5.9%%

12mo Sales Volume

$39,214,341

Sales Vol Growth

-45.7%

Asset Value

$6,526,546,860

Net Absorption

+98K 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

Moderate vacancy (7.5%) in South Queens suggests a balanced market with selective opportunities for data centre conversion or development. Positive net absorption of 98K SF over the past 12 months signals healthy demand fundamentals.