Skip Ribbon Commands
Skip to main content

Information/technology sector fuels office demand

  • ​While financial services and pharmaceutical/life sciences have historically accounted for a large portion of office demand, the high-tech industry has emerged as a driver of growth for the New Jersey economy and the commercial real estate market.
  • Information/technology companies accounted for nearly one-quarter of signed leases during each of the past two years, which represented the largest share of activity in the office market.
  • Billtrust, S&P Global and Samsung Electronics America were responsible for some of the largest transactions completed in 2017
  • Proximity to Manhattan, and a skilled local workforce will encourage a variety of high-tech companies to continue expanding their operations in the state.​

Source: JLL Research

Get our latest insights


Connect with us