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Family Office Briefing on research byLee & Associates·Jul 22, 2025

2025 Q2 New Jersey, NJ - Office

New Jersey office leasing activity declined 8% QoQ in Q2 2025 — family offices should consider co-GP opportunities with disciplined operators.

OfficeNew Jersey2025

Key Metrics

MetricValue
Leasing Activity2.2MM SF
Vacancy Rate11.1%
Rental Rate28.64$/SF
Sales Volume400MM
Median Sale Price175$/SF
Cap Rate7.10%

Metrics extracted from the source report and independently fact-checked. Method →

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