Fisher Development Associates is hailing a milestone at its new 45-story rental tower in Jersey City, having leased more than 75 percent of its 448 upscale apartments.
Big box space conundrum
At mid-2Q 2018 only three Class A industrial buildings larger than 500,000 square feet were available for lease throughout New Jersey. The shortage of space caused leasing to slow down at the start of the year without any big-box leases signed in first five months of 2018. On a positive note, five buildings greater than 500,000 square feet are set to break ground in 2018.



