2020 Office Space Rent & Sales
- $19.97 2020 Avg. Asking Rent
- 35.08% 2020 Office Vacancy Rate
South Plainfield office price per square foot in 2020 was $19.97 on average. The local office market recorded an average vacancy rate of 35.08% across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- South Plainfield Class B Office Space$19.97
- New Jersey Class A Office Space$36.84
- New Jersey Class B Office Space$26.76
- New Jersey Class C Office Space$20.32
South Plainfield, NJ Office Asking Rents by Class
2020 Office Construction in South Plainfield, NJ
- South Plainfield, 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 South Plainfield 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 |
|---|---|---|---|
| Durham Professional Center | 201 Durham Avenue, 07080 | 61,500 | 2007 |
| 295 Durham Ave | 201 Durham Avenue, 07080 | 15,000 | 2007 |
| Hadley Park | 4001 Hadley Road, 07080 | 74,337 | 1991 |
| Oak Tree Business Center | 910 Oak Tree Avenue, 07080 | 140,000 | 1987 |
| 1001 Durham Avenue | 1001 Durham Avenue, 07080 | 110,000 | 1986 |
| 126 Corporate Blvd | 126 Corporate Blvd, 07080 | 26,503 | 1986 |
| 121 Corporate Blvd | 121 Corporate Blvd, 07080 | 36,000 | 1985 |
| Southfield Center | 1 Cragwood Road, 07080 | 157,530 | 1983 |
| 901 Hadley Road | 901 Hadley Road, 07080 | 106,890 | 1983 |
| 3000 Hadley Road | 3000 Hadley Road, 07080 | 60,336 | 1983 |
Worth noting among recent office completions on the South Plainfield market is Durham Professional Center, which is currently the largest new office development in the city, at 61,500 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 South Plainfield 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.