Family Office Briefing on research byLee & Associates·Oct 29, 2024
2024 Q3 New Jersey, NJ - Industrial
New Jersey industrial market shows signs of normalization in Q3 2024 — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 6.8% |
| Avg NNN Asking Rate PSF | 13.58$ |
| Sale Price PSF | 183.27$ |
| Cap Rate | 9.2% |
| Net Absorption | 1,777,664SF |
Metrics extracted from the source report and independently fact-checked. Method →
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