Market Insights

New Jersey Offices

Parsippany Office
Morris Corporate Center I
300 Interpace Parkway
Building C, 3rd Floor
Parsippany, NJ 07054
USA
Main: + 1 973 299 3000

David A. Simon, SIOR
Executive Managing Director | Market Leader | NJ
david.simon@colliers.com

 

Princeton Office
500 Alexander Park
Suite 101 
Princeton, NJ 08540
USA
Main: + 1 609 269 1111

Thomas Romano
Executive Managing Director | Princeton
thomas.romano@colliers.com


Woodbridge Office
10 Woodbridge Center Drive
Suite 520
Woodbridge, NJ 07095
USA
Main: + 1 732 807 0400

David A. Simon, SIOR
Executive Managing Director | Market Leader | NJ
david.simon@colliers.com


Market insight is the essential ingredient in all of the services we offer. We monitor trends and make projections to help you make critical decisions. Our researchers continuously source and analyze data in every major global market, helping you adapt to drivers outside your industry and region that could impact your business.

Recent Reports

3Q 2017 Office Market Report

Despite a drop in leasing activity, overall market fundamentals for New Jersey improved in Q3 2017, fueled by an increase in user-buyer transactions. 

3Q 2017 Industrial Market Report

New Jersey’s industrial market continued its positive momentum in Q3 2017 as robust demand and consistent positive net absorption continued to drive availability to historic lows. This, together with new construction, has pushed the industrial asking rent to all time highs. 

3Q 2017 Retail Market Report

Though definitely feeling the impact of e-commerce, New Jersey's retail real estate market made progress in Q3 2017 as stable leasing and fewer space returns led to positive net absorption, lower availability and higher average asking rents. 

2Q 2017 Industrial Market Report

In line with U.S. industrial market's consistent recovery, the second quarter represented another strong period of growth for New Jersey's industrial market.

2Q 2017 Retail Market Report

With 543,128 SF of negative net absorption, the availability rate increased by a minimal 10-basis points to 5.0%.

1Q 2017 Office Market Report

The financial services and pharmaceutical sectors drove leasing thus far in 2017 in New Jersey, accounting for 28% of all activity.

1Q 2017 Industrial Market Report

Big box leasing activity drove demand in the first quarter in New Jersey’s industrial market, which recorded 14 transactions over 200,000 SF.

1Q 2017 Retail Market Report

With 302,054 SF of positive net absorption, the availability rate for retail space in New Jersey saw a 20-basis points improvement from the prior year, to 6.1%.

2Q 2016 Office Market Snapshot

After a slow start to the year, leasing activity picked up in New Jersey’s office market, driven by major tenant recommitments and corporate relocations.

2Q 2016 Industrial Market Snapshot

Although leasing activity declined from last quarter’s historic numbers, levels remained robust, up 11.7% from the five-year quarterly average of 10.1 million SF to 11.3 million SF.

Browse all reports

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