top of page
D4 Properties Logo

NAI James E. Hanson provides industrial market analysis covering                          for the state of New Jersey.

total RBA

Market Reports for

2023

Brief Summary (YoY)

Vacancy Rate (+2.4%)

Asking Rate (+$2.79)

D4 Properties

V
a
c
a
n

c
y

R
a
t
e

5.0%



4.0%



3.0%



2.0%



1.0%



0.0%

Q1         Q2         Q3        Q4
Year 2019

Q1         Q2         Q3        Q4
Year 2020

Q1         Q2         Q3        Q4
Year 2021

Q1         Q2         Q3        Q4
Year 2022

Q1         Q2         Q3        Q4
Year 2023

3.3%

3.0%

2.8%

2.6%

2.6%

2.9%

2.9%

3.2%

2.7%

2.2%

2.2%

2.0%

2.0%

1.8%

2.3%

2.2%

Industrial Vacancy Rates

5-Year Overviews

2.4%

Industrial Average Asking Rates

A
v
e
r
a
g
e

A
s
k

$15.00



$14.00



$13.00



$12.00



$11.00



$10.00



$9.00



$8.00



$7.00

5-Year Overviews

$11.27

$11.91

$12.56

$13.21

$9.79

$10.09

$10.66

$10.95

$8.67

$8.94

$9.05

$9.09

$8.33

$8.56

$8.52

$8.65

$14.06

Q1         Q2         Q3        Q4
Year 2019

Q1         Q2         Q3        Q4
Year 2020

Q1         Q2         Q3        Q4
Year 2021

Q1         Q2         Q3        Q4
Year 2022

Q1         Q2         Q3        Q4
Year 2023

bottom of page