Office owners across New Jersey have spent much of the past decade offloading underperforming assets to developers, calculating that spending renovation dollars would not meaningfully improve occupancy.
CoStar Insight
New Jersey’s office inventory on track to decline again in 2025
Demolition activity is likely to outpace supply additions for the fifth time this decade
By Mateusz Wnek
CoStar AnalyticsSeptember 30, 2025 | 2:29 P.M.
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