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Cw nj office scorecard 4 q15
- 1. <INSERT SERVICE LINE / DEPT NAME> (3 LINES MAXIMUM) 28.0% 13.0% 15.8% 11.8% 12.7% 18.8% <10,000 10-24,999 25-49,999 50-99,999 100-249,999 250,000+ 14.0% 16.0% 18.0% 20.0% 22.0% 24.0% 26.0% 28.0% $20.00 $22.00 $24.00 $26.00 $28.00 2011 2012 2013 2014 2015 NNJ Direct Rental CNJ Direct Rental NNJ Overall Vacancy CNJ Overall Vacancy 190.7 18.7% $26.35 2.2 10.9 2.0 DEMAND INVENTORY (MSF) OVERALL VACANCY RATE DIRECT ASKING RENTAL RATE YTD OVERALL NET ABSORPTION (MSF) 2015 YTD LEASING (MSF) Q4 LEASING (MSF) SUPPLY DIRECT RENTAL RATE VS. OVERALL VACANCY RATE -2,000,000 -1,000,000 0 1,000,000 2,000,000 3,000,000 2011 2012 2013 2014 2015 NJ Total NNJ CNJ OVERALL NET ABSORPTION 2.10 2.08 1.84 2.22 2.27 2.38 1.55 1.89 1.93 3.77 2.32 1.41 1.99 2.08 2.65 2.55 1.87 2.16 1.86 2.17 9.34 6.91 7.88 8.09 10.86 0 2 4 6 8 10 12 2011 2012 2013 2014 2015 MSF Q1 Q2 Q3 Q4 5 year Avg. NEW LEASING ACTIVITY 2015 LEASING BY SIZE RANGE (by SF) SIGNIFICANT Q4 2015 LEASE TRANSACTIONS BUILDING TENANT SQUARE FEET BUILDING CLASS 1 Hess Plaza, Woodbridge NJ Turnpike Authority 205,000 A 56 Livingston Avenue, Roseland Lowenstein Sandler LLP 170,047 A 10 Journal Square, Jersey City WeWork 101,000 A SIGNIFICANT AVAILABILITIES BUILDING SQUARE FEET BLDG. CLASS DIRECT /SUBLET 3000 Continental Drive, Mount Olive 970,000 A Direct 1 Lake Street, Upper Saddle River 471,813 A Direct 5 Giralda Farms, Madison 463,427 A Direct 5.3% NJ Unemployment Rate 1.6% Y-O-Y % Change, Private Employment STATS