Five Key Trends Shaping the New Jersey Skyline
0 CommentsJLL’s 2016 Skyline Report focuses on the top-tier office market, looking at some of the most iconic and high-rent properties within CBDs and urban cores. This proprietary digital research piece provides insights on office supply, demand, rents and investment in 1,175 Skyline buildings across 52 markets in the United States and Canada.
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Categories: Agency Leasing, Brokerage, Commercial Real Estate, CRE, Downtown, JLL, New Jersey, NJ, Office, Research and tagged Jersey City, Newark, Skyline Report.
Metropark:
The millennial generation, born between 1983 and 2000, are the biggest in U.S. history and are preparing to move into their prime spending years. This shift will reshape the economy, as their unique experiences will change the ways we buy and sell, forcing companies to examine how they do business in the years ahead.
This is a true statement for Newark and the Hudson Waterfront, which are highlighted in the 2015 JLL Skyline report. Although our tri-state area neighbor New York City boasts the largest concentration of Trophy buildings in the country, Newark and the Hudson Waterfront skylines are mostly comprised of Class A assets. Trophy…