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VOORHEES, NJ – While overall office real estate vacancy rates remain stuck where they have been for all of four years now in southern New Jersey – 20 % or higher – a new report from Wolf Commercial Real Estate notes an uptick in rental rates.

Rental rates have increased on average from $7-to-$9 per square foot to the $11-to-$13 per-square-foot range, according to a year-to-date report from the Voorhees-based company.

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