Linden
Northern New Jersey - NJ USA - Industrial Submarket
Industrial real estate intelligence for the Linden submarket. 27.0M SF of inventory with 5.2% vacancy. Data sourced from various MLS platforms.
27.0MSF
Inventory
2.0MSF
Available
5.2%
Vacancy
7.6%
Availability Rate
$15.99
Asking Rent
3.3%
Rent Growth
-31,797SF
12mo Absorption
0SF
Under Construction
Market Metrics
12mo Delivered
0 SF
Under Constr % of Inv
0.0%%
Sale Price/SF
$224
Cap Rate
6.5%%
12mo Sales Volume
$20,449,950
Sales Vol Growth
-58.2%
Asset Value
$6,043,909,909
Net Absorption
-31,797 SF
Recent DC Sales in Market
| Property | Price | SF | Buyer |
|---|---|---|---|
| NEST Campus | $322.0M | 280,736 | Buyer 1 CoreWeave | Buyer 2 Core Scientific, Inc. |
| NEST Campus | $32.7M | 280,736 | Buyer 1 Onyx Equities, LLC | Buyer 2 Machine Investment Group |
Available DC Space in Market
| Property | Avail SF | Rent | Owner |
|---|---|---|---|
| 31 Farinella Dr | 48,235 | $12.40 - 15.16 (Est.) | New Vernon Equities |
Data Centre Development Potential
Moderate vacancy (5.2%) in Linden suggests a balanced market with selective opportunities for data centre conversion or development. Negative absorption of 32K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.
Other Submarkets in Northern New Jersey - NJ USA
Evaluating Linden 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.