Warehouse rent near New York / New Jersey

New York / New Jersey warehouse rent: 4 metros, $15.55 to $27.59 per square foot. Cushman & Wakefield Q1 2026 industrial asking rents.

From the metros listed below

Low, high, and median are derived from the listed Marketbeat rows. The median is unweighted. A midpoint that is not already a whole cent is rounded to the cent. None of the three is a published Marketbeat port rent.

Lowest listed metro asking rent
$15.55/sf/yr
Highest listed metro asking rent
$27.59/sf/yr
Median of listed metro asking rents
$18.30/sf/yr

Source / as of: Cushman & Wakefield, United States Industrial Marketbeat, Q1 2026 (preliminary). Overall weighted asking rent, NNN, all property types.

Q1 2026 metros

The Cushman & Wakefield United States Industrial Marketbeat for Q1 2026 (preliminary) does not publish a port asking rent. This page groups 4 metros for New York / New Jersey and repeats each metro figure on its own. The lowest overall asking rent among these 4 metros is $15.55 per square foot in New Jersey - Central. The highest is $27.59 per square foot in NY Outer Boroughs. The unweighted median of the listed metro asking rents is $18.30 per square foot when rounded to the cent. Low, high, and median are derived from the listed Marketbeat rows. They are not a published Marketbeat port rent. The national overall asking rent in that report is $10.20 per square foot, which is not a New York / New Jersey rate. Vacancy in the table is each metro overall vacancy from the same report.

MetroOverall asking rent (NNN, $/sf/yr)Vacancy
Long Island, NY$19.155.2%
New Jersey - Central$15.559.1%
New Jersey - Northern$17.448.3%
NY Outer Boroughs$27.596.8%

Source / as of: Cushman & Wakefield, United States Industrial Marketbeat, Q1 2026 (preliminary). Overall weighted asking rent, NNN, all property types.

State pages

These states have two or more metros in the report, so each has a state page. A state page repeats those metro asking rents and does not publish a statewide rent.

Related guides

Other port gateways

New York / New Jersey Warehouse Rent, Q1 2026 questions