Office leasing velocity gains traction

• More than 2.3 million square feet leased during Q3 compared to a lagging 1.4 million square feet in Q1 2018.
• A 33.0 percent increase in active tenant requirements from one year ago represents nearly 6.0 million square feet.
• Accelerated leasing velocity is expected to continue in Northern and Central New Jersey through year-end 2018 and into 2019.

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