For more than a year office tenants have, without complaint, been faithfully paying rent, each and every month, for space that they have not been using. With more than 40 years’ experience representing tenants and buyers of commercial real estate, I can state with some certainty that we in the real estate profession have never seen anything like this. The… Read More

As we pass the Pandemic's one-year anniversary we are approaching the end game. Office tenants are truly at a crossroads, and the CEO’s at these companies are about to face some critical decisions. Real estate is an industry with many different sectors and the effects of the lockdown have in no way been consistent from sector to sector. For example, we… Read More

Imagine investing a billion dollars on the purchase of office properties right in the middle of the worst Pandemic in 100 years. Sound a little risky? Folks like Onyx are doing just that. Onyx, along with a variety of other fearless developers in New Jersey, have been buying up huge amounts of office properties, many of them from the unraveling… Read More

From the vantage point of ten months into the Sequester, when we look at New Jersey office properties we continue to see a remarkably consistent trend. Almost ninety percent of large office tenants have been paying their rent on time, each and every month, for the entire Sequester. Why is this so remarkable? Well, as we  also pointed out in… Read More

At the beginning of the Pandemic we wrote an article titled, “Has the Nature of Office Space Changed Forever?” In the article we questioned whether work from home is here to stay and whether some companies will choose to remain virtual. Well, here we are almost a year later, and most large companies have still not come back to the… Read More