Mount Laurel Office Rent Price & Sales Report

2024 Office Space Rent & Sales

  • $16.21 2024 Avg. Asking Rent
  • 11.84% 2024 Office Vacancy Rate
  • $11.2M2024 Total Office Sales
  • $36.21Avg. Sale Price/SF

Mount Laurel office price per square foot in 2024 was $16.21 on average. The local office market recorded an average vacancy rate of 11.84% across all asset classes combined. The 3 transactions that closed here throughout 2024 amounted to a total sale volume of $11.2M. Mount Laurel office space commanded an average sale price per square foot of $36.21.

See how this market compares to the national average: U.S. office space rent & sales.

Average Rent by Office Class

2024 Average Office Rent per Square Foot

  • New Jersey Class A & A+ Office Space$40.95
  • New Jersey Class B Office Space$28.64
  • New Jersey Class C Office Space$21.12

Mount Laurel, NJ Office Asking Rents by Class

Office Spaces for Rent in New Jersey

Mount Laurel Office Sale Price per SF

  • $36.212024 Avg. Price per SF
  • $11.2M2024 Office Sales Volume
  • 32024 Number of Transactions

Mount Laurel, NJ Sale Price per SF Trend

  • Mount Laurel Avg. Sale Price per SF in 2024$36.21
  • New Jersey Avg. Sale Price per SF in 2024$104.86
The sale price for office space in Mount Laurel averaged $36.21 per square foot in 2024, across all market subdivisions and asset classes. Conversely, the statewide New Jersey average office sale price during the same time period was $104.86 per square foot.

2024 Office Sales Volume

  • Mount Laurel, NJ Total Office Sales Volume in 2024 $11.2M
  • Mount Laurel, NJ Total Number of Office Sales Closed in 2024 3
A total of 3 deals closed on the Mount Laurel office market in 2024, adding up to a yearly sales volume of $11.2M. Notably, the largest transaction on the market saw Interchange Place change hands for $5,430,000 on 4/16/2024.
Data provided by Commercial Edge

Coworking Spaces in New Jersey

Largest Office Properties Recently Completed in Mount Laurel
Office building Address SF Completed
750 Centerton Road 750 Centerton Road, 08054 79,692 2008
Fellowship Corporate Center 330 Fellowship Road, 08054 234,563 2006
1400 Howard Blvd 1400 Howard Blvd, 08054 75,590 2006
501 Fellowship Road 501 Fellowship Road, 08054 67,885 2005
Laurel Creek Corporate Center 760 Centerton Road, 08054 317,719 2003
12000 Horizon Way 12000 Horizon Way, 08054 108,000 2001
Interchange Place 250 Century Pkwy, 08054 89,000 2001
Cambridge Crossing - 1015 Briggs Road 1015 Briggs Road, 08054 37,600 2001
4004 Church Rd 4004 Church Rd, 08054 8,670 2001
Horizon Corporate Center - 5000 Atrium Way 5000 Atrium Way, 08054 50,000 1991

Worth noting among recent office completions on the Mount Laurel market is 750 Centerton Road, which is currently the largest new office development in the city, at 79,692 square feet.

Data provided by Commercial Edge

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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 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Mount Laurel 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.