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.
After building its New Jersey portfolio to nearly 8 million square feet in recent years, Duke Realty Corp. is poised for further growth in the state with several high-profile developments underway.
Home Depot will lease more than 1 million square feet from Duke Realty Corp. at a redevelopment site in Perth Amboy, occupying two buildings as the company seeks to overhaul its supply chain.