Family Office Briefing on research byLee & Associates·Jul 18, 2023
2023 Q2 New Jersey - Industrial
This report provides an overview of the industrial market in New Jersey for Q2 2023.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 4.1% |
| Average NNN Asking Rate PSF | 13.47$ |
| Net Absorption | -802,171SF |
| Available Sublet Space | 6.5M SF |
| Sales Volume | 611M |
| Cap Rate | 6.8% |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
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