Sponsored Content
![RENJ-Snapshots_Chartoftheweek_JLL Sept_1](https://re-nj.com/wp-content/uploads/2017/09/RENJ-Snapshots_Chartoftheweek_JLL-Sept_1-e1505127071498.jpg)
- Lower vacancy rates and higher rental rates have defined transit hub markets when compared to the suburban New Jersey office market for the past several years.
- The transit hub vacancy rate climbed to 19.2 percent at year-end 2016 but remained significantly lower than the 26.4 percent vacancy rate reported in the suburban office market.
- The long-term outlook for transit hub markets remains positive as workforce and client drivers fuel demand for office space in these strategic areas.
For more information, visit JLL Research