MARLTON, NJ-The long-wan southern New Jersey office market seemsto have begun to shift from recovery mode to the promise of growth– at least according to a new analysis from WolfCommercial Real Estate, which is based here.
The firm's 2nd Quarter market report indicates mostlypositive trends so far in 2014, and WCRE brokers report the thirdquarter is going to be very strong: There are 350,000 square feetof pending deals expected to close during the quarter.
“The CRE market was very busy during the 2nd quarter,bouncing back from the setbacks imposed by the harsh winter toreclaim another portion of vacancy and set up a healthy pipeline ofdeals that are expected to close later in the year,” according toJason Wolf, founder and principal of WCRE.
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