Avison Young is touting the completion of a new medical office building in Essex County, following a recent unveiling by a development team and health care leaders.
Landlords continue right-sizing, refreshing office stock, as state incentives question looms large
With 2020 underway, owners of New Jersey office buildings are closely watching Trenton to see if the state will pass new tax incentives to attract employers. That’s one of the key issues and trends likely to drive the office market this year, according to interviews with brokers and landlords. In fact, observers say the fate of tax incentives will have more impact on New Jersey’s office market than the presidential election.
