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Information/technology sector driving office demand

  • After fueling more than one-quarter of leasing activity in the Northern and Central New Jersey office market during the second quarter, the information/technology sector remained in the driver’s seat through the third quarter, as such companies were responsible for nearly 50.0 percent of completed transactions.
  • Billtrust and S&P Global were among the high-tech companies signing the largest leases during the third quarter.
  • Proximity to Manhattan, combined with New Jersey’s skilled workforce, will encourage high-tech companies to continue expanding their operations here.​​

Source: JLL Research




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