These statistics tell the story.

Wesley Village represents a creative use of underutilized land into a multi-use urban campus of quality affordable housing with educational, social and health services, Jamboree's Mary Jo Goelzer tells GlobeSt.com.

One example of how the highly educated workforce is impacting the local real estate market is through the continued growth of large pharmaceutical and biotech companies in the region, JLL's Grant Schoneman tells GlobeSt.com.

The economy remains relatively stable overall, and commercial real estate has benefitted, says Fred Schmidt of Coldwell Banker Commercial. He spoke at RealShare New Jersey earlier this week.