Morris County Industrial

Morris County

Office Space Market Report

Number of Listings (last 90 days)
296
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
400
As of: January 17, 2017

Morris County Rates

On average, listings lease in the $20's per square foot per year. The Morris County region is seeing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 6% decline in rent.

Morris County Listing Supply

In the last 90 days, 297 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Morris County are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 400 sqft. Most properties in this market are around 3 stories. Most buildings in this market were built in 1984 and are Class A.

Morris County Community

Market Report

Trends and status of the commercial real estate market in Morris County.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Morris County.
Research