Life sciences firms accounted for the two largest office leases of the second quarter in northern and central New Jersey, in a market that remains stable despite a slight uptick in availability.
Market Sectors
New Jersey has an unmatched location and a population that developers dream about. It’s no wonder the commercial real estate industry is flourishing and evolving across all segments of the market.
Industrial sector thrives on innovation and institutional investors
Amid a strong economy and surging demand for consumer products, industrial remains one of the hottest segments in the commercial real estate industry. The strong demand for space is pushing industrial developers to innovate, leading to multistory distribution centers, on-demand space, robotics and online freight brokerage services