Family Office Briefing on research byLee & Associates·Apr 23, 2024
2024 Q1 New Jersey, NJ - Industrial
New Jersey industrial market shows signs of equilibrium in Q1 2024 — family offices should consider co-GP opportunities with competitive operators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 5.9% |
| Net Absorption | 752,093SF |
| Average NNN Asking Rate | 13.38$/SF |
| Sales Volume | 364MM |
Metrics extracted from the source report and independently fact-checked. Method →
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