Industrial Real Estate Remains Slow in Region

Summary


North Jersey's industrial real estate market continued to show softness in the second quarter, as about a million square feet came onto the market, according to Jones Lang LaSalle.

The economy's sluggish recovery appears to be reflected in the demand for warehousing and distribution space, which is linked to consumer spending and production.

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Extract


Industrial Real Estate Remains Slow in Region

The JLL report, however, said the market appeared to be "moving towards ...

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