Monthly Archives: February 2016

2016 Trends Impacting CRE in Eight Markets

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Some key 2016 trends impacting commercial real estate in New Jersey include:

  • Residential and mixed-use development, with residential as the driver, continues through most of 2016 at or near current breakneck pace.
  • Sites near mass transit remain tenant’s first choice (key site factors: walking distance, courtesy shuttle and reasonable commuting distance to/from Manhattan).
  • Upcoming residential projects are incorporating mixed-use components, especially in Jersey City, Weehawken, Edgewater and other cities along New Jersey’s ‘Gold Coast.’

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2015 Was a Peak Year for Industrial and Logistics Real Estate: Will 2016 Follow Suit?

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JLL’s Global Logistics Sentiment Survey (GLSS)

The second annual GLSS highlights the continues interest and demand in this sector of commercial real estate around the globe.

JLL surveyed 650 logistics market experts around the world to get their perspectives and insight on what may be expected in the next six months. The results are analyzed based on a ‘balance of responses’ calculation to indicate a particular trend.

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Happy Lunar New Year! 2016 CRE Trends and Zodiac Forecast

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In the year of the monkey, JLL highlights a few 2016 real estate trends to watch:

  • The current trend among e-commerce giants for same-day delivery creates an additional demand for modern warehouse and distribution centers in large, densely populated areas such as the New York/New Jersey metropolitan area.
  • Multifamily, which has been the hottest sector in the industry, will remain strong for both investments and new development.
  • Investor appetite has increased for tech translating
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New Jersey Had Largest Job Gains in Fifteen Years: Education and Health Services Took the Lead

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  • COW_New Jersey_Feb_1_2016After adding less than 30,000 jobs in 2014, an uptick in hiring led to 64,500 private sector jobs being added in New Jersey during 2015. This represented the largest yearly gain since 78,400 jobs were created in 2000.
  • Education and health services led all business sectors by adding 16,200 new jobs,
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