Morris County Industrial

Morris County

Office Space Market Report

Number of Listings (last 90 days)
320
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
780
As of: February 23, 2017

Morris County Rates

On average, listings lease in the $20's per square foot per year. The Morris County region is experiencing a a boost in rates. In the last 3 months, the median rate increased $0 per sqft per year. That's a 1% rise in rent.

Morris County Listing Supply

In the last 90 days, 317 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the listings in the Morris County are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 750 sqft. Most buildings in this region are around 3 floors. Most buildings in this area 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