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Family Office Briefing on research byTranswestern·Apr 19, 2024

New Jersey Industrial Research Report - Q1 2024

This report analyzes the New Jersey industrial market's performance in Q1 2024.

IndustrialNew JerseyQ1 2024

Key Metrics

MetricValue
Overall Vacancy Rate5.8%
Net Absorption-0.4MSF
Under Construction12.6MSF
Asking Rent, NNN$14.15PSF
Sales Volume$127.4Millions
Sales Price$206PSF

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

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