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New York & Tri-State  + Long Island  + Industrial  |  August 29, 2023
Emily Fu
By: Emily Fu

Long Island Industrial Landscape Remains Resilient in Q2 

The latest Long Island Construction Report from Cushman & Wakefield reveals a flourishing development pipeline in the region’s industrial market, reflecting the continued bullish sentiment among developers.  

The neighborhood has a current construction of a record-breaking 1.9 million square feet of projects, scheduled for completion by mid-2024. In addition, this year has witnessed the successful completion of 703,000 square feet of construction projects, with an expected 771,000 square feet more to be finalized by year-end.  

Notably, Long Island’s industrial market has attracted over 50 institutional groups since 2018, drawn by its strong market fundamentals and skilled labor force. The sustained demand from companies relocating closer to consumers has further underscored the market’s resilience and growth prospects. 

Read More News Stories About: Cushman & Wakefield
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Inside The Story

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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