Warren Office Market Trends

Office Rental Market

  • $29.44 2019 Avg. Asking Rent
  • 65.43 % 2019 Avg. Vacancy Rate
  • 0 2019 Office Completions (Sqft)
  • 0 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Warren was $29.44 per square foot, and the office vacancy rate across the market averaged 65.43 %. During 2019, developers added 0 square feet of new office space to the Warren 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

  • Warren Class A Office Buildings$38.75
  • Warren Class B Office Buildings$28.66
  • NJ Class A Office Buildings$34.44
  • NJ Class B Office Buildings$27.61
  • NJ Class C Office Buildings$19.72

Warren, NJ Office Asking Rents by Class

OFFICE CONSTRUCTION IN Warren, NJ

  • Warren, NJ Total Sqft completed in 2019 0
  • Warren, NJ Total Sqft under construction in 2020 0
10 Largest Office Buildings in Warren
Building name Address Total Sqft Year built
15 Mountainview Road 15 Mountain View Road, 07059 535,000 1983
Center 78 184 Liberty Corner Road, 07059 369,797 1982
Liberty Corner I 184 Liberty Corner Road, 07060 365,000 1983
30 Independence Blvd 30 Independence Blvd, 07059 210,524 1997
Building D 400 Warren Corporate Center Drive, 07060 174,236 1996
Building E 500 Warren Corporate Center Drive, 07060 174,236 1996
Building C 300 Warren Corporate Center Drive, 07060 156,500 1996
Warren Corporate Center - Building B 200 Warren Corporate Center Drive, 07059 156,100 1996
Warren Corporate Center - Building A 100 Warren Corporate Center Drive, 07059 156,100 1996
Warren Innovation Center - 40 & 45 Technology Drive 40 Technology Drive, 07059 138,728 1988
Largest Office Properties Recently Completed in Warren
Office building Address Sqft Completed
King George Plaza 266 King George Road, 07059 26,000 2011
Watchung Hills Office Center 76 Stirling Road, 07059 42,000 2004
Warren Office Center 34 Mountain Blvd, 07059 58,171 2003
3 Mountainview Road 3 Mountainview Road, 07059 102,778 2002
30 Independence Blvd 30 Independence Blvd, 07059 210,524 1997
Warren Corporate Center - Building B 200 Warren Corporate Center Drive, 07059 156,100 1996
Warren Corporate Center - Building A 100 Warren Corporate Center Drive, 07059 156,100 1996
Warren Innovation Center - 30 Technology Drive 30 Technology Drive, 07059 100,619 1989
Warren Innovation Center - 40 & 45 Technology Drive 40 Technology Drive, 07059 138,728 1988
15 Independence Blvd 15 Independence Blvd, 07059 107,150 1987
Data provided by Commercial Edge

Office Spaces for Rent in New Jersey

See trends for nearby markets

The Warren office market contains an inventory of 3,100,192 square feet of office space, in 32 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 Warren 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.