• Add a Listing
  • Log In
  • For Lease
    • Moorestown Office Spaces for Lease
    • Moorestown Retail Spaces for Lease
    • Moorestown Industrial Spaces for Lease
  • For Sale
    • Moorestown Office Properties for Sale
    • Moorestown Retail Properties for Sale
    • Moorestown Industrial Properties for Sale
  • Commercial Real Estate
  • Coworking

Moorestown Office Rent Price & Sales Report

2020 Office Space Rent & Sales

  • $22.07 2020 Avg. Asking Rent
  • 1.43% Y-o-Y Avg. Asking Rent Change
  • 18.17% 2020 Office Vacancy Rate

Moorestown office price per square foot in 2020 was $22.07 on average. This marked a +1.43% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 18.17% across all asset classes combined.

Average Rent by Office Class

2020 Average Office Rent per Square Foot

  • Moorestown Class B Office Space$23.87
  • Moorestown Class C Office Space$17.55
  • New Jersey Class A Office Space$36.84
  • New Jersey Class B Office Space$26.76
  • New Jersey Class C Office Space$20.32

Moorestown, NJ Office Asking Rents by Class

2020 Office Construction in Moorestown, NJ

  • Moorestown, 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 Moorestown office inventory included buildings equal to or larger than 25,000 square feet, which comprised square feet of office space.

Largest Office Properties Recently Completed in Moorestown
Office building Address SF Completed
728 Marne Hwy 728 Marne Hwy, 08057 29,742 2008
Pavilions at Moorestown 740 Marne Hwy, 08057 26,040 2007
1270 Glen Avenue 1270 Glen Avenue, 08057 30,470 2003
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

Worth noting among recent office completions on the Moorestown market is 728 Marne Hwy, which is currently the largest new office development in the city, at 29,742 square feet.

Data provided by Commercial Edge

See reports for nearby markets

  • Philadelphia Office Rent Price
  • Mount Laurel Office Rent Price
  • King of Prussia Office Rent Price
  • Cherry Hill Office Rent Price
  • Marlton Office Rent Price
  • Voorhees Office Rent Price
  • Conshohocken 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 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 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.

    • United States
    • Canada

© 2022 - Yardi Systems, Inc. All Rights Reserved.
About Us
  • Contact Us
  • Who We Are
  • Terms Of Service
  • Privacy Statement
  • Your CA Privacy Rights
  • Sitemap
  • Blog
Our Tools
  • Add a listing
  • Real Estate Terms