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Our New Jersey office tracks local real estate market statistics in Northern New Jersey by twenty- one (21) primary geographic submarkets situated immediately between two of the largest metropolitan areas in the United States—New York City and Philadelphia. With a combined inventory of over 289 million square feet in over 7,400 buildings, northern New Jersey is the sixth largest office market in the country. The primary product type is suburban, low-rise office development offering easy access via the comprehensive highway infrastructure throughout the region. The industry mix is mature and diverse with significant representation from the financial services, telecommunications, chemical, pharmaceutical, insurance, health care, and biotech industries. Twenty-one (21) Fortune 500 companies are headquartered in New Jersey.
New Jersey occupies a key position as the central state in the largest economic concentration in North America. The state’s location places it within a 24-hour truck-ride radius of more than 100 million consumers with a collective purchasing power of $1 trillion. As the epicenter of the nation's largest business corridor, New Jersey is attractive for international business and home to more that 1400 foreign-based firms. The region is serviced by three (3) major international airports, and the Port of New York and New Jersey is the third largest port complex in North America. With an inventory of 759 million square feet in over 12,000 buildings, northern New Jersey is the third largest industrial market in the United States.

CresaPartners is a leading international corporate real estate advisory firm
that specializes in tenant representation. We provide integrated servicesincluding
strategic planning, project management, portfolio management, and capital market
expertisethrough more than 125 offices in 35 countries, including 47 locations
in North America. By exclusively representing tenants, we avoid conflicts of interest
and ensure accountability. As a result, we have received the distinguished Site
Selection/William Dorsey Service Provider Award for the last five years.
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