An accounting and advisory firm has renewed its lease for nearly 20,000 square feet of office space in Cranford, in the largest of several recent deals by Signature Acquisitions.
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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.
Navigating a challenging market with Meridian’s Russ Drebin
Up until the last few months, this year was great. Rates were relatively low, and I was proactively advising clients to take advantage of the market while it was tame. However, since the market has taken a turn, it has been even more important to advise clients in a way that is transparent and focused on their specific goals. Knowing your client and knowing what their goals are will allow you to help them during a time when the market is great, and conversely at times when the market is not so great.
Finite resources demand a new approach to investment decisions
Ten years ago, Superstorm Sandy slammed into New Jersey, killing 38 people, devastating coastal areas, inflicting billions of dollars in damage and causing power outages for millions of residents and businesses for weeks. For many, it was a turning point that changed the way they invested and did business. Given today’s accelerating pace of life-altering disruptions — the pandemic, inflation, Russia’s invasion of Ukraine, extreme weather events — I believe New Jerseyans are ready to modify their behavior to reduce their risk and financial exposure to the adverse impacts from climate change.
