Avg. logistics asking rents are up 20%, year-over-year, for the Northeast US Corridor.
Third-party logistics occupiers outpaced all other industries in leasing activity in Q3 2021.
Nearly 50% of product under construction was pre-leased as vacancy trends lower.
Construction deliveries across the Northeast Markets slowed in Q3 2021 due to supply chain delays pushing some delivery dates into 2022.