Family Office Briefing on research bySavills·Jul 10, 2024
Northern New Jersey Q2 2024 Industrial Market Report
This report analyzes the industrial market in Northern New Jersey for Q2 2024, highlighting key trends in vacancy rates, rental prices, and net absorption.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 6.2% |
| Asking Rental Rate | 17.41$/sf |
| Net Absorption | 1.0msf |
| Under Construction | 10.7msf |
| Deliveries | 1.7msf |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Savills
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