Research

In the firm's fourth quarter 2019 report on the Southern New Jersey and Southeastern Pennsylvania markets, WCRE states that although leasing activity was down overall, vacancy rates remained low and gross leasing absorption was positive.

This year investors should not count on significant appreciation returns, but expect that income returns will remain steady.

C&W projects pressure to remain high on industrial occupancy and rent growth levels across North America.

Plano added the most office space at slightly more than 10.5 million square feet, a 40% increase, while Irving came in second, adding 4.5 million square feet of class-A and B office space across 21 properties.

In its fourth quarter 2019 industrial market report for New Jersey, Transwestern reports that the big box bubble is showing no sign of bursting as new construction continues to lease up quickly.

There are few clouds on the horizon for the sector—and plenty of reason to expect that more growth will be had in 2020.

Separately, JLL reported that global commercial transaction volumes reached an all-time high of $800 billion in 2019, increasing 4% year-over-year.

New Jersey's office market recorded nearly 10 million square feet of positive absorption during the final seven years of the 2010s, Transwestern stated in its Fourth Quarter 2019 Office Market Report for New Jersey.