Experts believe the reforms will spur additional growth during an expansion that will soon be the second-longest in U.S. history, thanks in part to a sweeping cut to the corporate tax rate from 35 to 21 percent. That bodes well for New Jersey’s office and industrial landlords.
Industrial
Owning or leasing industrial space in New Jersey means you’re within one day’s drive of one-third of the nation’s population. That means the state continues to be a hotbed of warehouse and logistics activity.
Hurdles remain in push to repair N.J. highways, advocate says
Despite a new dose of funding from the state’s gas tax, New Jersey is still far from achieving the level of investment it needs to sustain its vital transportation infrastructure. That was one key message on Wednesday from a top advocate for infrastructure spending, who offered a mix of good news and bad news to a crowd of developers and service professionals.
