Moorestown Office Market Trends

Office Rental Market

  • $21.76 2019 Avg. Asking Rent
  • 9.67 % 2019 Avg. Vacancy Rate
  • 0 2019 Office Completions (Sqft)
  • 0 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Moorestown was $21.76 per square foot, and the office vacancy rate across the market averaged 9.67 %. During 2019, developers added 0 square feet of new office space to the Moorestown market inventory. Office developments estimated for delivery during 2020 total 0 square feet.

Average Office Asking Rents by Class

2019 Average Office Rent per Square Foot

  • Moorestown Class B Office Buildings$25.97
  • Moorestown Class C Office Buildings$17.86
  • NJ Class A Office Buildings$34.44
  • NJ Class B Office Buildings$27.61
  • NJ Class C Office Buildings$19.72

Moorestown, NJ Office Asking Rents by Class

OFFICE CONSTRUCTION IN Moorestown, NJ

  • Moorestown, NJ Total Sqft completed in 2019 0
  • Moorestown, NJ Total Sqft under construction in 2020 0
10 Largest Office Buildings in Moorestown
Building name Address Total Sqft Year built
Corporate Center @ Moorestown 224 Strawbridge Drive, 08057 218,407 1984
224 Strawbridge Drive 224 Strawbridge Drive, 08057 218,407 1984
Virtua Health & Wellness Center 401 Young Avenue, 08057 181,236 2012
Moorestown West Corporate Center - 2, 40, 41 & 50 Twosome Drive 2 Twosome Drive, 08057 165,990 1991
121 Whittendale Drive 121 Whittendale Drive, 08057 140,000 1990
Moorestown West Corporate Center - 97 Foster Road, 1507 Lancer Drive & 225 Executive Drive 97 Foster Road, 08057 126,500 1981
Moorestown West Corporate Center - 1, 2 & 101 Executive Drive 1 Executive Drive, 08057 110,725 1988
Moorestown Office Center 110 Marter Avenue, 08057 81,611 1986
312 West State Route 38 312 West State Route 38, 08057 77,545 1972
650 Centerton Road 650 Centerton Road, 08057 76,425 1995
Largest Office Properties Recently Completed in Moorestown
Office building Address Sqft Completed
Virtua Health & Wellness Center 401 Young Avenue, 08057 181,236 2012
728 Marne Hwy 728 Marne Hwy, 08057 29,742 2008
Pavilions at Moorestown 740 Marne Hwy, 08057 26,040 2007
Moorestown West Corporate Center - 840 & 844 North Lenola Road 840 North Lenola Road, 08057 66,970 1997
650 Centerton Road 650 Centerton Road, 08057 76,425 1995
Moorestown West Corporate Center - 2, 40, 41 & 50 Twosome Drive 2 Twosome Drive, 08057 165,990 1991
5 Twosome Drive 5 Twosome Drive, 08057 27,794 1991
121 Whittendale Drive 121 Whittendale Drive, 08057 140,000 1990
Blason Plaza 509 South Lenola Road, 08057 49,017 1990
Moorestown West Corporate Center - 102 Executive Drive 102 Executive Drive, 08057 64,000 1989
Data provided by Commercial Edge

Office Spaces for Rent in New Jersey

See trends for nearby markets

The Moorestown office market contains an inventory of 1,753,187 square feet of office space, in 48 buildings that are equal to or larger than 25,000 square feet.

This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive knowledge on all Moorestown 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.