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Family Office Briefing on research byTranswestern·Jan 22, 2024

New Jersey Industrial Research Report - Q4 2023

This report analyzes the New Jersey industrial market's performance in Q4 2023, highlighting trends in development, occupancy, and rental rates.

IndustrialNew JerseyQ4 2023

Key Metrics

MetricValue
Vacancy Rate5.5%
Net Absorption0.2MSF
Asking Rent13.93$/PSF
Under Construction11.8MSF

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

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