New Jersey office occupiers continue to seek smaller footprints
![](/documents/191207401/196813661/NJ+March+Databite_DM+edits.png/b10da8a6-8982-4d2f-05fa-47622b689bf4?t=1710275926049)
- The product with the lowest availability are smaller office buildings at 13.9% total availability. These office buildings are between 25,000 sf and 99,999 sf.
- Mid-size office buildings between 100,00 - 249,000 sf and 250,000 - 500,000 sf are nearly identical at 22.9% and 23.1% respectively.
- The biggest office buildings, above 500,000 sf, have recently experienced increased availability rates as office occupiers look to shrink their footprints.
March 12, 2024
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US-NJ-NJ New Jersey