Monday, June 8, 2026
Family Office Briefing on research byTranswestern·Oct 18, 2024

New Jersey Industrial Research Report - Q3 2024

This report covers the New Jersey industrial market's performance in Q3 2024, highlighting leasing activity, vacancy rates, and economic factors.

IndustrialNew JerseyQ3 2024

Key Metrics

MetricValue
Vacancy Rate6.4%
Net Absorption1.3MSF
Asking Rent$13.79PSF
Overall Vacant SF49.3MSF
Under Construction8.0MSF

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

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.