Despite suffering the largest occupancy losses in nearly a decade, the northern New Jersey office market emerged from 2017 with reasons to be optimistic.
New Jersey’s two largest cities started the year with high-profile office deals, but consolidations have caused an uptick in vacant space for the regional leasing market in the state.
The state’s office market took a step back in the fourth quarter of 2016, according to new industry research, as leasing activity slowed and several large blocks of space hit the market.
