Family Office Briefing on research bySavills·Jan 17, 2025
Northern New Jersey Q4 2024 Office Market Report
Northern New Jersey office leasing activity decreased by 43% in Q4 2024 — family offices should consider co-GP opportunities in Class A assets.
Key Metrics
| Metric | Value |
|---|---|
| Leasing Activity | 1.5msf |
| Availability Rate | 24.4% |
| Asking Rental Rate | 31.68$/sf |
| Class A Asking Rental Rate | 32.87$/sf |
| Available Sublease Space | 6.9msf |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
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