2023 Office Space Rent & Sales
- $21.77 2023 Avg. Asking Rent
- 26.71% 2023 Office Vacancy Rate
Cherry Hill office price per square foot in 2023 was $21.77 on average. The local office market recorded an average vacancy rate of 26.71% across all asset classes combined.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Cherry Hill Class B Office Space$22.64
- Cherry Hill Class C Office Space$19.52
- New Jersey Class A & A+ Office Space$39.79
- New Jersey Class B Office Space$27.52
- New Jersey Class C Office Space$33.47
Cherry Hill, NJ Office Asking Rents by Class
Coworking Spaces in New Jersey
- New York City Coworking Space
- Manhattan Coworking Space
- Washington Coworking Space
- Brooklyn Coworking Space
- Boston Coworking Space
- Charlotte Coworking Space
- Philadelphia Coworking Space
- Columbus Coworking Space
- Cincinnati Coworking Space
- Raleigh Coworking Space
- Pittsburgh Coworking Space
- Alexandria Coworking Space
- Cambridge Coworking Space
- Durham Coworking Space
- Jersey City Coworking Space
- Queens Coworking Space
- Cleveland Coworking Space
- Asheville Coworking Space
- Bethesda Coworking Space
- Richmond Coworking Space
2023 Office Construction in Cherry Hill, NJ
Office building | Address | SF | Completed |
---|---|---|---|
95 Marlton Pike West | 95 Marlton Pike West, 08053 | 30,000 | 2019 |
Cherry Hill Business Park - 7 Carnegie Plaza | 7 Carnegie Plaza, 08003 | 90,804 | 1988 |
1916 Old Cuthbert Rd | 1916 Old Cuthbert Rd, 08034 | 21,724 | 1988 |
Colwick Business Center | 57 Haddonfield Road, 08002 | 174,658 | 1987 |
51 Haddonfield | 51 Haddonfield Road, 08002 | 96,000 | 1987 |
375 N. Kings Highway | 375 N. Kings Highway, 08034 | 13,575 | 1986 |
375 N. Kings Highway | 375 N. Kings Highway, 08034 | 13,575 | 1986 |
Cherry Tree Corporate Center | 535 State Route 38 East, 08002 | 150,000 | 1985 |
Commerce Center | 1800 Chapel Avenue West, 08002 | 147,173 | 1985 |
1909 West State Route 70 | 1909 West State Route 70, 08003 | 54,000 | 1985 |
Worth noting among recent office completions on the Cherry Hill market is 95 Marlton Pike West, which is currently the largest new office development in the city, at 30,000 square feet.
See reports for other markets
- Princeton Office Rent Price
- Marlton Office Rent Price
- Jersey City Office Rent Price
- Hamilton Office Rent Price
- Seattle Office Rent Price
- San Antonio Office Rent Price
- Manhattan Office Rent Price
- Dallas Office Rent Price
- Miami Office Rent Price
- Chicago Office Rent Price
- Houston Office Rent Price
- Atlanta Office Rent Price
- Denver Office Rent Price
- San Francisco Office Rent Price
- Austin Office Rent Price
- Washington Office Rent Price
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 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Cherry Hill 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.