Colliers International Group has bolstered its office leasing team in New Jersey, hiring a veteran broker with a history of representing high-profile corporate tenants.
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.
Berger’s rehab project looks to tap into Newark’s growing hotel market
As Miles Berger knows all too well, transit access and proximity to Manhattan have been longtime drivers of Newark’s office market. He also knows that those benefits play a major role in the city’s lesser-known tourism sector. It’s why Berger is taking a major step to upgrade his hospitality portfolio in downtown Newark: a gut renovation of a 90-year-old hotel that will result in a new state-of-the-art property near the city’s Military Park.
The rebirth of the suburbs: The impact of aging millennials and driverless car technology
This multiyear transformation of our downtown areas has led to speculation that the single-family, suburban model of development is dead. In this article, I will make a different prediction. Today, I predict that the next great housing boom will be in the suburbs. The millennials will move out of the city and into the suburbs and will commute farther distances, by car, than previous generations.
