πŸ‡ΊπŸ‡ΈNorth America

New York / New Jersey

Financial capital data centre corridor spanning northern NJ. Dense connectivity and enterprise demand.

1,100MW

Total Capacity

150

Active Facilities

3.2%

Vacancy Rate

$0.098/kWh

Power Cost

600MW

Pipeline

8/10

Regulatory Risk

$500K/acre

Land Cost

20mo

Permit Timeline

Capacity Growth Trend

+600 MW pipeline

Market Highlights

  • Financial services anchor tenant base
  • Subsea cable landings support international connectivity
  • High power costs but premium lease rates

35%

Renewable Energy

210 MW

Annual Absorption

Key Providers

EquinixDigital RealtyCyrusOneCoreSiteDataBank

Top Facilities (10 tracked)

Facility
NY1
NY2
NY3
NY4
NY5
NY6
NY7
NY8
NY9
NY10

View all 1,138 facilities in our global directory.

CoStar Market Data

Recent Sales (5 in market)

PropertyPriceSFDate
201 Centennial Ave$11.0M64,69812/08/2025
NEST Campus$322.0M280,73606/30/2025
EWR2$16.0M49,35504/23/2025
Bridgewater - NJ1$8.3M40,56501/17/2025
Building J$1.3M58,00012/02/2024
View all 489 sales comps β†’

Available Space (5 properties)

PropertyAvail SFRentOwner
31 Farinella Dr48,235$12.40 - 15.16 (Est.)New Vernon Equities
Building 220,920$7.50 - 8.50Mountain Development Corp
570 Commerce Blvd80,866$13.71 - 16.75 (Est.)Russo Development
The Falchi Building272,217$23.00Savanna Real Estate Fund
Building 4192,118$6.50 - 7.95Mountain Development Corp.
View all 203 available properties β†’

Interested in New York / New Jersey?

Luke Tatman and our advisory team provide market-specific intelligence, site selection support, and transaction guidance.

Talk to Luke β†’