2020 Office Space Rent & Sales
- $21.36 2020 Avg. Asking Rent
- 2.49% Y-o-Y Avg. Asking Rent Change
- 4.56% 2020 Office Vacancy Rate
Voorhees office price per square foot in 2020 was $21.36 on average. This marked a +2.49% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 4.56% across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Voorhees Class B Office Space$24.43
- Voorhees Class C Office Space$19.59
- New Jersey Class A Office Space$36.84
- New Jersey Class B Office Space$26.76
- New Jersey Class C Office Space$20.32
Voorhees, NJ Office Asking Rents by Class
2020 Office Construction in Voorhees, NJ
- Voorhees, NJ Total SF completed in 2020
During 2020, square feet of new office space were delivered across the market. At the close of 2020, the Voorhees office inventory included buildings equal to or larger than 25,000 square feet, which comprised square feet of office space.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Voorhees Corporate Center - 1007 Laurel Oak Road | 1007 Laurel Oak Road, 08043 | 78,205 | 2008 |
| Voorhees Town Center - 220 Laurel Road | 220 Laurel Road, 08043 | 48,444 | 2008 |
| Voorhees Corporate Center - 1000 Voorhees Drive | 1000 Voorhees Drive, 08043 | 73,044 | 2007 |
| Sheppard Office Park | 2 Sheppard Road, 08043 | 59,264 | 2007 |
| 443 Laurel Oak Road | 443 Laurel Oak Road, 08043 | 34,086 | 2002 |
| 100 Carnie Blvd | 100 Carnie Blvd, 08043 | 28,128 | 1999 |
| Laurelwood Corporate Center | 1101 Laurel Oak Road, 08043 | 81,577 | 1998 |
| Cooper Voorhees Medical Mall | 900 Centennial Blvd, 08043 | 116,451 | 1997 |
| 2401 Evesham Avenue | 2401 Evesham Avenue, 08043 | 41,932 | 1996 |
| 120 & 130 Carnie Blvd | 130 Carnie Blvd, 08043 | 28,310 | 1993 |
Worth noting among recent office completions on the Voorhees market is Voorhees Corporate Center - 1007 Laurel Oak Road, which is currently the largest new office development in the city, at 78,205 square feet.
See reports for nearby markets
This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2020 through December 31st 2020. Construction pipeline data represented herein is valid as of April 2021. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Voorhees commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.