Yet there were pockets of activity. Princeton racked up 145,078 square feet of leasing activity; followed by Parsippany with 98,554 square feet; and the 287/78 Interchange submarket which had 89,852 square feet.

Submarkets with the lowest availability rate included the Route 17 Corridor with 8%, down from 8.8% in Q1; the Hudson Waterfront at 12.1%; and Suburban Essex/Eastern Morris counties at 14%.

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