The country’s largest cluster of co-working and flexible office space is only just across the Hudson River, but the fast-growing industry is still largely absent from New Jersey. Experts say that is due to change — and it’s only a matter of time.
Cover Story
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Investor demand still strong in New Jersey as buyers seek safety, certainty in commercial real estate
With 2019 underway, competition among commercial real estate investors has only intensified in New Jersey, largely around properties that offer some level of safety in the later stages of the economic expansion.The Garden State is by no means alone in that regard, but brokers and other experts say they expect demand to stay robust in the near term, citing everything from Wall Street volatility to the continued arrival of buyers from other markets.
Healthy options: A look at the growth of medical retail in New Jersey
Medical tenants have become increasingly critical to the retail sector, creating a new opportunity for landlords who have grappled with e-commerce and bankrupt retail chains. New Jersey is no exception, and the opportunity comes as urgent care centers, physical therapists and other businesses experience rapid growth spurred by major changes in the health care industry.