Family Office Briefing on research byLee & Associates·Jan 28, 2025
2024 Q4 New Jersey, NJ - Office
New Jersey office market shows flat leasing activity and rising rental rates in Q4 2024 — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 10.9% |
| Avg NNN Asking Rate PSF | 28.51$ |
| Sale Price PSF | 136.96$ |
| Cap Rate | 8.2% |
Metrics extracted from the source report and independently fact-checked. Method →
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