NAI James E. Hanson - Market Reports

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Industrial
Office Class A
Office Class B

Keeping informed about recent trends and prevailing market conditions is critical to good decision making in today's ever-changing commercial real estate market. To help our clients weigh their options and prioritize their initiatives, we provide up-to-date information in both statistical and graphic form that includes:

	Vacancy Rates
	Sublease Rates
	Availability and Asking Rents
	County-by-County Analysis
	Category-by-Category Basis

Along with quarterly market figures for the current and past years, we provide annual averages for previous years to give our clients a big-picture perspective.

Commercial real estate for Northern New Jersey in the 2nd quarter of 2010 overall improved slightly versus the 1st quarter with a total net absorption (for Industrial, Retail & Office) of 3.4 million versus a negative 2.3 million. Net absorption was up for Industrial/Flex, Retail and Office A. Average asking rates were down versus 2009 in all sectors except sublease rates for retail, which were up 29.3% and averaged $24.68 versus $21.81 in 2009. For more information, click here.