John Obeid, left, Colliers International's senior director of research for New Jersey, and David Simon, executive managing director and market leader for New Jersey John Obeid, left, Colliers International’s senior director of research for New Jersey, and David Simon, executive managing director and market leader for New Jersey

PARSIPPANY, NJ—A surge in fourth quarter activity pushed 2017 industrial leasing to 44.8 million square feet—the third consecutive year annual total leasing activity surpassed 40.0 million square feet, according to Colliers International.