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.’

Click the image of the map highlighting some of the key 2016 trends impacting seven other markets including New York City. UpdatedJLL-Chinese New YearBrochure_Pg2

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