Family Office Briefing on research byLee & Associates·Apr 25, 2023
2023 Q1 New Jersey - Industrial
New Jersey industrial market sees record rents and rising vacancy in Q1 2023 — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 3.7% |
| Average NNN Asking Rate | 13.30$/SF |
| Net Absorption | 2.3MM SF |
Metrics extracted from the source report and independently fact-checked. Method →
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