EAST RUTHERFORD, NJ—New Jersey office tenants showed a strong preference for Northern and Central New Jersey, fueling nearly 1.4 million square feet in positive absorption of class A product for 2015, Jones Lang LaSalle says.

“The state’s high-end buildings emerged as the product of choice for office users during the past year, as companies increasingly promoted class A work environments to help retain and recruit new employees,” says Jonathan Meisel, managing director with JLL. “Accelerating gains in New Jersey’s employment market will further position the office market on the road to recovery in the coming year. Approximately 55,000 jobs were created in the Garden State in 2015, representing the largest gain since 78,400 jobs were created in 2000.”

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