NJ Industrial, Retail Deals Booming As Office Market Flatlines

Law360, New York (June 24, 2013, 8:46 PM EDT) -- Investments in New Jersey's most well-located industrial and retail properties are reaching a frenzied pitch, far surpassing the state's lagging office market, as real estate players vie to take advantage of an expected rise in transit-oriented business, experts say.

The confluence of rising job numbers, low interest rates and several major infrastructure projects approaching completion over the next year has made New Jersey's Port Newark and surrounding areas prime real estate for industrial and retail investors.

“Everybody is gearing up for a real increase of goods...
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