Family Office Briefing on research byLee & Associates·Jul 18, 2023
2023 Q2 New Jersey - Office
New Jersey office market shows signs of slowing with rising vacancy rates in Q2 2023 — family offices should consider co-GP opportunities with experienced operators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 11.3% |
| Leasing Velocity | 2.4M SF |
| Net Absorption | -806,000SF |
Metrics extracted from the source report and independently fact-checked. Method →
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