Newmark：2025年第四季度新泽西办公楼市场报告（英文版）

The Northern New Jersey office market closed 2025 with positive net absorption totaling 556,548 SF in the fourth quarter. The vacancy rate decreased 90 basis points year over year, landing at 18.3%. Leasing activity increased 26.3% quarter over quarter, totaling just under 2.4 MSF in the fourth quarter of 2025. Sublease availability declined to 5.9 MSF, the lowest level in the past five years. Class A office leasing represented more than 69.9% of overall activity in 2025. Overall asking rents