Family Office Briefing on research bySavills·Apr 27, 2023
Northern New Jersey 2023 Q1 Market Report
Northern New Jersey office leasing activity increased 15.1% year-over-year in Q1 2023 — family offices should consider co-GP opportunities in a recovering market.
New Jersey2023
Key Metrics
| Metric | Value |
|---|---|
| Quarterly Leasing Activity | 2.4msf |
| Availability Rate | 25.1% |
| Average Asking Rental Rate | 31.57$/sf |
| Available Sublease Space | 8.4msf |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
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