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Article: State outdoes country.(New Jersey)
- Article from:
- Real Estate Weekly
- Article date:
- February 2, 2005
CopyrightCOPYRIGHT 2005 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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According to the findings of the Winter 2005 New Jersey Office & Industrial Update by Torto Wheaton Research, the provider of research services to owners and investors in the U.S. and Canadian commercial real estate markets and a business unit of CB Richard Ellis, the Northern/Central New Jersey office and industrial markets continued to experience slight improvement at the end of 2004. TWR is predicting steadily improving conditions in 2005 for the local economy and commercial real estate market as New Jersey continues to gain positive marketplace momentum.
In the office sector, the availability rate in Northern/Central New Jersey at the end of 2004 capped at ...