Family Office Briefing on research byLee & Associates·Apr 23, 2024
2024 Q1 New Jersey, NJ - Office
New Jersey office market sees continued net absorption losses in Q1 2024 — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 12.0% |
| Net Absorption | -1,144,536SF |
| Average Asking Rate | 27.98$/SF |
Metrics extracted from the source report and independently fact-checked. Method →
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