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THE INCREDIBLE SHRINKING NJ OFFICE MARKET

            According to a survey by Colliers this week, the inventory of available commercial office space here in New Jersey in 2026 continues to diminish at an astounding rate of more than 1 million square feet per quarter.  We are down more than 3 million square feet in 2026 so far with no end in sight.  Why is this… Read More

THE REAL NEW YEAR

            I have always thought of Rosh Hashanah as the “real” New Year. The other New Year, the one that comes in January, is simply about taxes.  Here in New Jersey our summers quickly turn to autumn as fall foliage, with its multicolored panorama, suddenly starts filling the landscape.             Parents are frantically preparing… Read More

HOW TO NEGOTIATE AN OFFICE LEASE IN A HIGH STRESS ENVIRONMENT

         In last month’s newsletter we sounded an alarm, warning about the return of the Landlord market here in the Garden State.  A Landlord market occurs when the perceived negotiating leverage in a lease transaction swings toward the Landlord. An unfortunate consequence of this event is the unanticipated high stress levels that business owners face.   Landlord markets, especially when… Read More

HOW TO SUCCEED IN A LANDLORD MARKET

            Last month’s newsletter, a reprint of the article, “Why Use a Tenant Rep?”, was highly rated by our readers and is still ranked as number 7 on the all-time Google rankings.  It seems that our readers are really looking for the secret sauce, an easy to understand, how-to guide to use when negotiating an office lease.   That… Read More

WHAT DOES A TENANT REP DO FOR ME?

What Does A Tenant Rep Do For Me? Selecting space for your organization – and successfully negotiating a lease you can live with – are complex, time-consuming tasks, full of potential pitfalls.  The pitfalls only multiply if you undertake the process on your own – without the benefit of an experienced commercial real estate professional serving as your tenant representative.… Read More