New Jersey Commercial Inventory Breakdown
Office Spaces
Total: 252,501,071 SF
Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
- 50k to 100k SF: 48,107,816 SF / 19.05% of total office
- 100k to 500k SF: 143,756,336 SF / 56.93% of total office
- 500k to 1M SF: 36,605,709 SF / 14.5% of total office
- > 1M SF: 24,031,210 SF / 9.52% of total office
By class:
- Class A+: 2,886,015 SF / 1.14% of total office
- Class A: 98,222,359 SF / 38.9% of total office
- Class B: 123,880,646 SF / 49.06% of total office
- Class C: 9,116,556 SF / 3.61% of total office
Industrial
Total: 645,847,242 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
- 50k to 100k SF: 103,677,295 SF / 16.05% of total industrial
- 100k to 500k SF: 364,066,566 SF / 56.37% of total industrial
- 500k to 1M SF: 120,442,129 SF / 18.65% of total industrial
- > 1M SF: 57,661,252 SF / 8.93% of total industrial
By class:
- Class A: 232,134,709 SF / 35.94% of total industrial
- Class B: 339,357,189 SF / 52.54% of total industrial
- Class C: 34,616,695 SF / 5.36% of total industrial
Office Spaces with Retail
Total: 136,443,714 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
- 50k to 100k SF: 30,441,170 SF / 22.31% of total office with retail
- 100k to 500k SF: 80,861,650 SF / 59.26% of total office with retail
- 500k to 1M SF: 10,968,213 SF / 8.04% of total office with retail
- > 1M SF: 14,172,681 SF / 10.39% of total office with retail