Page 37 - RE-NJ

SPECIAL ADVERTISING SECTION
™ 35
GREGORY J. DEMARCO, PE
CEO
AI is transforming the MEP/FP (mechanical, electrical, plumbing
and fi re protection) consulting engineering fi eld in signifi cant ways
by improving effi ciency, lowering risk, enhancing collaboration and
enabling better design decisions. AI is by no means replacing MEP/FP
engineers yet enhancing their capabilities through automation. We’ve
seen the incorporation of AI into existing design applications for quite
some time now and it is continually evolving. Not only does AI reduce
repetitiveness, but it also detects errors while improving coordination
and documentation. Judgement, licensing and code responsibility, on the
other hand, can never be replaced and will always remain 100 percent
human.
The technology sector is booming and shows no signs of slowing down.
We’ve seen a tremendous uptick in data center design and feasibility
studies as fi rms work to capture the ever-evolving AI world. It’s important
to note that power distribution is emerging as a major bottleneck in the
development of these sites, as reliable electrical capacity is increasingly
becoming a premium resource. Our outlook for 2026 remains very solid
in the technology, health care and life sciences sectors as commercial
offi ce space still lags considerably.
(732) 438-1600 x101
gdemarco@therockbrook.com
New York | New Jersey | Pennsylvania
www.therockbrook.com
ROBERT HOLLAND
PRESIDENT
JASON PUCCI
CEO
The New Jersey commercial real estate market continues to adjust following the rapid
economic changes of the past several years. While higher interest rates and infl ationary
pressures tempered transaction volume, the market has remained active and
increasingly disciplined. Over the past year, pricing expectations have become more
realistic, lending conditions have stabilized and both buyers and sellers have shown
greater willingness to transact, particularly for well-located and well-performing assets.
New Jersey’s commercial real estate sector has historically demonstrated durability
through economic cycles, supported by its dense population, strong employment base
and proximity to major metropolitan markets. Market activity today is being driven by
fundamentals rather than speculation, with investors prioritizing cash fl ow, long-term
stability and locations with proven demand. This environment has reinforced the
importance of local market knowledge, thoughtful underwriting and strategic advisory
services.
Investment real estate in New Jersey remains a core allocation for both private and
institutional investors seeking long-term value. Multifamily continues to lead the
market, underpinned by sustained housing demand, limited new supply in many
submarkets and ongoing affordability challenges for homeownership. In addition,
select retail, industrial and mixed-use properties in established corridors and transit-
oriented locations remain in demand, refl ecting the resilience and diversity of New
Jersey’s commercial real estate market.
(732) 750-3000
info@kislakrealty.com
www.kislakrealty.com
100 Woodbridge Center Drive
Woodbridge, NJ 07095
™ MARKET FORECAST
JOHN P. GRAY
PARTNER
KENNETH J.
SHEEHAN
PARTNER
ENVIRONMENTAL AND ENERGY
& RENEWABLE RESOURCES
PRACTICES
New Jersey’s energy future remains unpredictable, and as new
development opportunities like data centers continue to be pursued,
project success will depend signifi cantly on effective risk management.
Our energy team includes former senior administrative agency
executives who offer the fi rm’s clients decades of insider perspective
and the benefi t of lessons learned through their involvement with a wide
range of energy projects and users. A complex and layered landscape of
energy, environmental and land use regulations will continue to defi ne
this sector of the market, making a reliable roadmap to navigate these
regulatory issues a key component of ensuring both predictability and
confi dence in successfully identifying and mitigating energy project risks.
(732) 476-2556
jgray@greenbaumlaw.com
(732) 476-2678
ksheehan@greenbaumlaw.com
www.greenbaumlaw.com
99 Wood Ave. South
Iselin, NJ 08830
JOHN INGLESINO
MANAGING/FOUNDING PARTNER
2025 was an exciting year in affordable housing law. Municipal
obligations for the fourth round were established; plans were
submitted and developers fi led objections. Deals have been cut
through the program, producing an unprecedented number of
“as of right” housing units to be constructed in New Jersey. 2026
will be even more exciting. There are still many deals to be
cut between municipalities and developers. The amended Fair
Housing Act requires zoning for all these projects to be in place
by March 15. Planning boards will be very busy in 2026, and
massive construction will occur in New Jersey for the next
several years. Inglesino Taylor is poised to assist developers with
their real estate needs as we continue through the most exciting
chapter of development in New Jersey’s history.
(973) 947-7131
jinglesino@itfi rm.law
www.itfi rm.law
600 Parsippany Road, Suite 204
Parsippany, NJ 07054