Family Office Briefing on research bySavills·Apr 16, 2025
Northern New Jersey Q1 2025 Office Market Report
Northern New Jersey office leasing activity increased 27.3% in Q1 2025 — family offices should consider co-GP opportunities in Class A assets.
Key Metrics
| Metric | Value |
|---|---|
| Leasing Activity | 1.9msf |
| Availability Rate | 25.9% |
| Class A Availability Rate | 29.5% |
| Average Asking Rent | 32.01$/sf |
| Class A Asking Rent | 33.18$/sf |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
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