Family Office Briefing on research byTranswestern·Jan 17, 2025
New Jersey Industrial Research Report - Q4 2024
This report analyzes the New Jersey industrial market's performance in Q4 2024, highlighting trends in absorption, vacancy rates, and employment.
Key Metrics
| Metric | Value |
|---|---|
| Net Absorption | 1.1MSF |
| Overall Vacancy Rate | 6.7% |
| Overall Vacant SF | 51.3MSF |
| Under Construction | 10.8MSF |
| Asking Rent, NNN | 13.78PSF |
| Sales Volume | 881.8Millions |
| Sales Price | 217PSF |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
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