Monthly Archives: November 2016

Select Northern New Jersey Submarkets Drive Q3 Absorption of Class A Office Space

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  • After registering negative absorption earlier this year, a rebound in leasing velocity changed the course of the Northern New Jersey Class A market during the past six months. Demand for Class A space led to 335,970 square feet being absorbed in the second quarter, followed by an additional 501,450 square feet absorbed three months
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JLL’s 2016 Holiday Forecast

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JLL’s holiday forecast is a combination of findings of two surveys: one of shoppers and the other of retail store managers. By merging the expectations of both buyer and seller, the hope was to gain a more complete understanding of holiday shopping habits.

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Methodology:

JLL surveyed nearly 2,800 shoppers of 31 shopping centers in September 2016. JLL… Read More

A Limited Group of Developers Control the Majority of New Industrial Development in New Jersey

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  • cow_new-jersey_oct_24_2016Northern and Central New Jersey’s new industrial development has become concentrated among a small group of institutional developers. 67.4 percent of all new development this cycle was controlled by the 10 largest developers in the market. Furthermore, an additional 13.6 percent of new construction was controlled by the next 10 largest developers.
  • Prologis, Bridge Development
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