(To read more on the industrial market, click here.)

SECAUCUS, NJ-The availability of industrial real estate in NewJersey has whittled away to 8.6%, down from 9.3% just three monthsago, according to the most recent data from Grubb & Ellis'sIndustrial Market Trends report for the first quarter of 2006. Thissurge of more than 4.2 million sf of occupancy occurred even withrecord numbers of new construction hitting the market in NewJersey's various submarkets.

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