Last week I was invited to an Open House, an event where brokers are invited to preview a new space coming on the market. The occasion was to announce a “new to market” warehouse sublease of 50,000 square feet in Bergen County. The agents for the tenant were pleased that over 30 brokers came to see the space that morning… Read More

Investment in the Garden State has shown an unexpected strength over the last few years, reviving a healthy climate for both office and industrial leasing and acquisitions. We started off the year 2019 with an impressive upward trajectory as new investment and leasing activity was strong. Space was being absorbed at a near record pace and the sky, it seemed,… Read More

Here in New Jersey we see some industries that are booming. The Health Services and Pharmaceutical sectors are our number one and two industries, still barely outpacing the rest of the country. From a regional viewpoint, we in New Jersey have always taken many of our underlying attributes, like strong universities, great transportation infrastructure including our ports and airports, for… Read More

The modern phrase the more things change the more they stay the same was coined by French writer Jean-Baptiste Alphonse Karr, “plus ça change, plus c'est la même chose”. The real estate world is a like a time machine, and things in that world have essentially not changed for the last century. Our modern office leasing practices were created by… Read More

Have you seen the new office? Perimeter private offices and cubicles are gone in favor of open landscape benching and group collaborative seating. Carpeting is being replaced by polished concrete floors. Ceiling tiles are gone too to expose HVAC ducts and ceiling trusses right up to the slab. The traditional kitchen is now more like a luxury café emulating the… Read More