Long Island Industrial available space steadily decreasing

Quarter over quarter change in available industrial space


  • In Q2 2024, there was 9.47 million square feet (msf) of total available industrial space, the lowest amount since Q4 2022, which had 8.03 msf. This represents a 5.58% quarter-over-quarter decrease, continuing the trend of decreasing available space since Q2 2023.


  • This quarter also saw a year-over-year decrease of 7.78% in available space. This reduction may be attributed to more companies flocking to Long Island, a market with 131.27 msf of industrial inventory, which is closely-situated to the major urban center of New York City.

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US-NY-LI Long Island