2021 Office Space Rent & Sales
- $27.39 2021 Avg. Asking Rent
- -3.84% Y-o-Y Avg. Asking Rent Change
- 11.68% 2021 Office Vacancy Rate
Hamilton office price per square foot in 2021 was $27.39 on average. This marked a -3.84% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 11.68% across all asset classes combined.
Average Rent by Office Class
2021 Average Office Rent per Square Foot
- Hamilton Class A & A+ Office Space$28.33
- Hamilton Class B Office Space$25.72
- New Jersey Class A & A+ Office Space$37.17
- New Jersey Class B Office Space$27.19
- New Jersey Class C Office Space$19.37
Hamilton, NJ Office Asking Rents by Class
Coworking Spaces in New Jersey
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Office building | Address | SF | Completed |
---|---|---|---|
200 Clocktower Drive | 200 Clocktower Drive, 08690 | 59,368 | 2014 |
Gateway 195 Centre - 3-7 Commerce Way | 5 Commerce Way, 08691 | 90,000 | 2008 |
Horizon Center Business Park - 700 Horizon Drive | 700 Horizon Drive, 08691 | 120,000 | 2007 |
American Metro Center | 200 American Metro Blvd, 08619 | 487,072 | 2004 |
3500 Quakerbridge Road | 3500 Quakerbridge Road, 08619 | 55,900 | 2001 |
University Office Plaza II | 3705 Quakerbridge Road, 08619 | 120,000 | 1990 |
Horizon Center - 100-300 & 500 Horizon Drive | 500 Horizon Drive, 08691 | 170,670 | 1989 |
University Office Plaza II | 3705 Quakerbridge Road, 08619 | 60,000 | 1989 |
1544 Kuser Road | 1544 Kuser Road, 08619 | 40,190 | 1987 |
1 Aaa Drive | 1 Aaa Drive, 08691 | 62,500 | 1983 |
Worth noting among recent office completions on the Hamilton market is 200 Clocktower Drive, which is currently the largest new office development in the city, at 59,368 square feet.
See reports for other markets
- Princeton Office Rent Price
- Mount Laurel Office Rent Price
- Newark Office Rent Price
- Cherry Hill Office Rent Price
- Jersey City Office Rent Price
- Fairfield Office Rent Price
- Edison Office Rent Price
- Brooklyn Office Rent Price
- Philadelphia Office Rent Price
- King of Prussia Office Rent Price
- Conshohocken Office Rent Price
- Langhorne Office Rent Price
- Plainsboro Office Rent Price
- Seattle Office Rent Price
- Phoenix Office Rent Price
- San Francisco 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 2021 through December 31st 2021. Construction pipeline data represented herein is valid as of April 2022. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Hamilton 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.