Family Office Briefing on research byLee & Associates·Apr 22, 2025
2025.Q1 New Jersey, NJ - Office
New Jersey office leasing activity fell 16% QoQ in Q1 2025 — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Leasing Activity | 2.4MM SF |
| Vacancy Rate | 10.7% |
| Average Rental Rate | 28.63$/SF |
| Sales Volume | 322MM |
| Cap Rate | 8.0% |
Metrics extracted from the source report and independently fact-checked. Method →
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