Wednesday, July 29, 2026
Family Office Briefing on research bySavills·Apr 27, 2023

Northern New Jersey 2022 Q4 Market Report

Northern New Jersey office leasing activity increased by 19.4% year-over-year in Q4 2022 — family offices should consider co-GP opportunities in the life sciences sector.

New Jersey2022

Key Metrics

MetricValue
Quarterly Leasing Activity2.5msf
Year-over-Year Leasing Activity Change19.4%
Overall Availability Rate24.2%
Average Asking Rent31.45$/sf

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

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