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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