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Article: New Jersey: out of the shadow of New York. (New Jersey real estate industry)
- Article from:
- Real Estate Weekly
- Article date:
- July 26, 1995
- Author:
CopyrightCOPYRIGHT 1995 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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The New Jersey office market is a little like Antarctica. Everybody knows it's big but nobody knows just how big it is. While New Jersey is still commonly thought of as a satellite of New York City, it is, in fact, a major market in its own right and if New York tenants stopped moving to New Jersey tomorrow, it has the critical mass necessary to sustain its own maintenance and growth.
New Jersey, today, is the fourth largest office market in the United States. Based on published figures, New Jersey is outranked in size only by Midtown Manhattan, Chicago and Houston. It is larger than Dallas, Los Angeles, Lower Manhattan, Boston, Atlanta, Washington, D.C. and every ...
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