* New Jersey reports on availability rate — a broader metric that includes all space being actively marketed, including occupied space with near-term availability. All other markets in this report use vacancy rate (currently unoccupied space only).
Q1 Net Absorption by Market (MSF)
Green = positive · Blue = negative · Sorted high to low
Vacancy Rate by Market
Sorted tightest to loosest · * NJ = availability rate
Average Asking Rent ($/SF NNN)
Green = growing YoY · Blue = declining YoY
* NJ reports availability rate. All other markets report vacancy rate.
How to Read
Markets sorted by vacancy/availability rate, tightest first. Rent YoY: green = growing, blue = declining. Absorption: positive = net occupancy gains; negative = tenants returning more space than they are absorbing.
Northeast Industrial — Q1 2026 Scoreboard
Nine markets · All key metrics
| Market | Geography | Inventory (MSF) |
Vac / Avail * | Avg Rent ($/SF) |
Rent YoY | Q1 Absorption |
Under Const. | Signal |
Vacancy Rate — Tightest to Loosest
NJ and Maryland are the key markets to watch
Rent Growth YoY (%)
NJ leads YoY · Pittsburgh sees strongest growth
Inventory Size (MSF)
NJ and Philadelphia dominate at regional scale
Rent × Vacancy — All Markets
Where each market sits on the rent and utilization spectrum
| Market | Avg Rent ($/SF NNN) |
Vacancy Rate * | Rent YoY |
Inventory (MSF) |
* NJ reports availability rate. All other markets report vacancy rate.
