- While banking/financial services firms had initially populated office space in the Hudson Waterfront, other sectors have also sought to establish their footprint in this strategically located market.
- Retail/consumer goods, business services and information/high-tech sectors collectively accounted for approximately 85.0 percent of the leases completed in the Waterfront during the first quarter.
- Among the companies active in early 2016 was e-commerce startup Jet.com, which doubled its headquarters to 80,000 square feet, while Rubbermaid/Newell Brands leased nearly 100,000 square feet for its operations.
- The availability of high-end Class A office space at competitive rental rates in proximity to Manhattan will continue to drive tenant requirements in this submarket.
Agency Leasing, Brokerage, Commercial Real Estate, CRE, JLL, New Jersey, NJ, Office, Research, Technology