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Office Class B Market Reports
Statistical Data on Somerset County NJ Market
Quarter
Vacancy
Rate
Sublease
Rate
Availability
Rate
Asking
Rent
2010-Q4
2010-Q3
2010-Q2
2010-Q1
2009-Q4
2009-Q3
2009-Q2
2009-Q1
2008 AVG
2007 AVG
2006 AVG
2005 AVG
2004 AVG
2003 AVG
2002 AVG
9.66%
8.97%
9.03%
9.76%
9.43%
8.63%
8.54%
8.60%
9.92%
9.13%
9.72%
13.55%
12.94%
11.75%
10.79%
0.02%
0.02%
0.00%
0.08%
0.32%
0.25%
0.48%
0.44%
0.40%
0.48%
0.44%
0.69%
0.87%
1.25%
2.24%
9.68%
9.00%
9.04%
9.84%
9.75%
8.88%
9.02%
9.04%
10.31%
9.61%
10.16%
14.23%
13.80%
13.01%
13.04%
$21.72
$21.66
$21.65
$21.22
$21.65
$22.34
$22.47
$22.53
$23.08
$22.18
$21.97
$22.51
$22.0
$20.74
$22.29
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© 2012 NAI James E Hanson 201-488-5800