WOODBRIDGE, NJ [November 11, 2025] – NAI DiLeo-Bram & Co. (NAIDB) has released its Market Review Fall 2025 report, providing in-depth analysis and data relevant to the office, industrial and retail sectors for seven Northern and Central New Jersey counties. These include Morris, Essex, Union, Somerset, Middlesex, Mercer and Hunterdon.
Key Takeaway: The ripple effects of previously elevated interest rates, supply chain disruption caused by geopolitical issues and tightening of capital, have curtailed both new construction and overall transaction activity across all major sectors, including office, industrial and retail. According to NAIDB, this should help support a tighter leasing market for existing assets. While it is unclear whether the vacancy rate for office and industrial assets has definitively topped out, it seems to be stabilizing. Retail rents should remain strong, supported by reduced space availability and strong demand driven by affluent demographics.
Sector Summaries: Asset-type highlights for the seven Northern/Central NJ counties analyzed include:
- Industrial is undergoing a correction following several years of robust demand that led to an oversupply of inventory in 2024.
- Office assets recorded 3.9MM SF of leasing activity through October 2025, comprising 730 direct deals and 38 subleases.
- Through Q3 2025, a resilient retail market recorded a total of 1.8 million square feet of leases executed across 409 transactions.
TO ACCESS THE FULL REPORT CLICK HERE: NAI DiLeo-Bram & Co. Releases Fall 2025 CRE Market Review for Seven NJ Counties – NAI DiLeo-Bram & Co.
Based in Woodbridge, N.J., NAIDB is a member of NAI Global, a leading global commercial real estate advisor with over 325 offices and 5,800 professionals. NAI Global completes more than $20B in worldwide commercial real estate transactions annually. Leveraging the powerful support of the NAI Global platform, NAIDB offers a full suite of commercial real estate services, combining the personalized service and local knowledge of a boutique firm with the resources of a global company.
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