An investor has acquired a fully leased, 30,000-square-foot office building in Cherry Hill.
Gridlock in Trenton: Not what investors want
Messaging from Trenton over the last several months, “airing dirty laundry” and delayed payments and responses to companies involved in the state’s incentive programs are scaring away legitimate businesses from setting roots in New Jersey. Businesses need certainty and clarity. Why don’t we pivot the conversation to one about how to make robust investments in our people and infrastructure without any further distractions and political roadblocks?
On the horizon
As you’ll read in this month’s cover story, developers are preparing to add millions of square feet of new space to New Jersey’s exceedingly tight industrial market. Yet experts say demand will continue to outpace supply as those projects come online in 2020 and 2021, thanks to the continued upside of e-commerce and the chronic lack of developable land in the state.
