Family Office Briefing on research bySavills·Jan 15, 2025
Northern New Jersey Q4 2024 Industrial Market Report
Northern New Jersey industrial vacancy rose to 7.1% in Q4 2024 — family offices should consider co-GP opportunities amid market repricing.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 7.1% |
| Asking Rental Rate | 16.90$/sf |
| Net Absorption | 0.6msf |
| Under Construction | 9.8msf |
| Deliveries | 2.4msf |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
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