Smaller deals are looming large in New Jersey’s industrial market, helping to drive occupancy gains as developers eye continued momentum in the second half of the year.
Taking the temperature of New Jersey’s economy and commercial real estate sector
We are now more than six months into the pandemic that shut down much of New Jersey’s economy in early March. I thought it would be a good time to pause to look at where we are in terms of recovering from the staggering unemployment and economic losses caused by the health crisis. There is some surprisingly good news, but it must be taken with a strong dose of caution.