Cushman & Wakefield on Thursday today that its Northeast Industrial Capital Markets team successfully brokered seven industrial investment sales totaling $257 million and exceeding one million square feet across New Jersey and New York to kick off the fourth quarter of 2025.
The significant volume of deals, involving institutional, private equity, and entrepreneurial ownership groups, underscores the robust liquidity and persistent investor demand for industrial assets in the region.
According to Cushman & Wakefield’s Executive Vice Chair, Gary Gabriel, the market’s strength is broad-based: “The depth of demand we’re seeing across shallow-bay, IOS (Industrial Outdoor Storage), and Class A warehouse speaks volumes about the strength of the NJ/NY industrial market. Investors remain focused on the region’s limited supply, compelling geography, and durable tenant base.”
The current investment climate marks a turning point for the sector.
“For the first time since 2022, we are seeing all areas of the market operating in unison as equity, debt, and leasing are all on track,” Kyle Schmidt, vice chairman with Cushman & Wakefield said. He noted that this alignment is enabling pent-up investment capital to be deployed after a period of limited acquisitions.
Schmidt also highlighted that lenders are actively seeking exposure to New Jersey and New York industrial properties, which has provided a liquidity push in 2025, further enhancing the appeal of the resilient tenant demand in the region.
Key transactions across North Jersey and New York
The transactions closed by the team—Gary Gabriel, Kyle Schmidt, Ryan Larkin, and Seth Zuidema—include notable properties spanning multiple asset classes:
| Property Name / Location | State | Square Footage | Asset Type / Details |
| Interstate Crossing, Building A (Brewster) | NY | 303,100 SF | Newly delivered Class A warehouse, fully leased to LesserEvil (6-year term). |
| Route-46 Industrial Center (Morris County) | NJ | 277,000 SF | Multi-tenant industrial building with a diverse tenant mix. |
| East Hanover Industrial Park (East Hanover) | NJ | 168,564 SF | Three-building shallow-bay portfolio featuring 31 tenants. |
| 90 New Dutch Lane / 27–35 Franklin Turnpike (Fairfield / Mahwah) | NJ | 123,821 SF | Shallow-bay and low-coverage industrial buildings. |
| Route 3 Industrial Park (Clifton) | NJ | 97,145 SF | Fully leased shallow-bay park with value-add profile. |
| 90 Kingsland Road (Clifton) | NJ | 9,667 SF on 7.1 Acres | Industrial Outdoor Storage (IOS) vehicle distribution center for a major EV company. |
The closings, particularly the sale of the IOS vehicle distribution center in Clifton and the newly delivered Class A warehouse in Brewster, emphasize the diverse nature of investor appetite for industrial real estate that benefits from the Northeast’s key logistical advantages.
