A quick snapshot of the real estate market in NJ and CT.
April 1, 2009
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Westchester & Southern Connecticut
| 3rd Quarter 2008 | 4th Quarter 2008 | |
| Overall Vacancy Rate | 12.9% | 12.4% |
| Avg Rent (per sq. ft.) | $24.72 | $24.60 |
Northern New Jersey
| 3rd Quarter 2008 | 4th Quarter 2008 | |
| Overall Vacancy Rate | 12.4% | 12.5% |
| Avg Rent (per sq. ft.) | $22.77 | $22.13 |
Data on Class B office space provided by CoStar Group
Author Information:
Daria Meoli is the Executive Editor at The New York Enterprise Report. She can be reached at dmeoli@nyreport.com
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