Family Office Briefing on research bySavills·Jul 10, 2024
Northern New Jersey Q2 2024 Industrial Market Report
Northern New Jersey industrial vacancy rose to 6.2% in Q2 2024 — family offices should consider co-GP opportunities with disciplined operators.
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
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.