Monday, June 8, 2026
Family Office Briefing on research byLee & Associates·Jul 23, 2024

2024 Q2 New Jersey, NJ - Industrial

This report provides an overview of the New Jersey industrial market for Q2 2024.

IndustrialNew Jersey2024

Key Metrics

MetricValue
Vacancy Rate6.4%
Net Absorption(558,790)SF
Avg NNN Asking Rate13.61$ PSF
SF Under Construction16,528,547SF
Inventory SF1,052,830,028SF

Metrics extracted from the source report and independently fact-checked. Method →

Building a thesis around New Jersey? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent industrial strategies.

Peer Network · By Invitation

The Thesis Exchange

Share an investment thesis in confidence. We pair you anonymously with up to two other family offices running adjacent strategies. Reviewed by Gallium's editorial team. No vendor pitch.