Family Office Briefing on research byTranswestern·Oct 20, 2023
New Jersey Industrial Research Report - Q3 2023
New Jersey industrial market shows signs of supply-demand balance in Q3 2023 — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Overall Vacancy Rate | 4.8% |
| Net Absorption | -3.0MSF |
| Under Construction | 16.2MSF |
| Asking Rent, NNN | 14.09$/PSF |
Metrics extracted from the source report and independently fact-checked. Method →
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