When I joined Denholtz in 2024, gridlocked capital markets and broad uncertainty made transacting difficult. At that time, the industry was waiting for the long-promised rate cuts that would unlock deal flow. Fast forward a year, and we’ve finally received the first of what should be a series of cuts. While the full impact will take time, I anticipate we will begin to see the pricing clarity that’s essential for the market to function. This shift gives me more optimism heading into 2026 than I felt at the close of last year.
Office
New Jersey’s office market is evolving by the day, but this fact remains: The state’s location and educated workforce make it a highly desirable place for tenants of all shapes and sizes.
High stakes for CRE
Advocacy is central to a four-year strategic plan that NAIOP New Jersey unveiled at the start of 2025, as are other key goals such as creating new value for NAIOP members and improving the perception that public officials, residents and other outside stakeholders have of the commercial real estate sector. The blueprint also calls for elevating the chapter’s position in the industry, enhancing partnerships with academia and expanding its community service programs.



