Family Office Briefing on research byTranswestern·Jul 22, 2024
New Jersey Industrial Research Report - Q2 2024
This report analyzes the current state of the New Jersey industrial market in Q2 2024.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 6.4% |
| Net Absorption | -1.3MSF |
| Overall Vacant SF | 48.4MSF |
| Under Construction | 8.7MSF |
| Asking Rent, NNN | $13.95PSF |
| Sales Volume | $366.5Millions |
| Sales Price | $187PSF |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Transwestern
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.