Which types of tenants or industries hold the greatest upside for New Jersey’s office market? We assembled a panel of industry experts to tackle this month’s question.
Transit hub markets speed away from competition
Office buildings within the state’s transit hub market record lower vacancy rates and higher rents compared to suburban spaces, according to JLL’s annual research report. Companies continue to pursue office space in proximity to walkable amenity-rich areas and with access to mass-transit options for their workforces and clients.