Family Office Briefing on research byLee & Associates·May 1, 2026
2026 Q1 New Jersey, NJ - Office
New Jersey office leasing activity declined 10% QoQ in Q1 2026 — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Leasing Activity | 2.2MM SF |
| Vacancy Rate | 11.10% |
| Average Rental Rate | 28.94PSF |
| Sales Volume | 224MM |
| Average Sale Price | 114.53PSF |
| Cap Rate | 7.80% |
Metrics extracted from the source report and independently fact-checked. Method →
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