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Family Office Briefing on research byTranswestern·Oct 20, 2023

New Jersey Industrial Research Report - Q3 2023

This report analyzes the current state of the New Jersey industrial market as of Q3 2023.

IndustrialNew JerseyQ3 2023

Key Metrics

MetricValue
Overall Vacancy Rate4.8%
Net Absorption-3.0MSF
Asking Rent, NNN$14.09PSF
Sales Volume$328.5Millions
Sales Price$200PSF
Under Construction16.2MSF

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

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