Commercial Trends: Netflix and Fort Monmouth

Attracting lucrative and dynamic commercial real estate tenants is a very valuable resource to be able to demonstrate. Who would have believed that Monmouth County would have become the prime destination for one of the largest streaming media services in the world,...

Rental Cost Overview

Days On Market Homes in New Jersey are selling at the fifth fastest rate in the nation, spending just 30 days on market. The other four fastest selling states for homes were Connecticut, Massachusetts, Rhode Island, and Ohio. Market Slowdowns Unusually, Florida is one...

Foreclosures and New Jersey

Foreclosures Fell 3.5% for the First 6 Months of 2024 During the first 6 months of 2024 ATTOM reported that 177,431 U.S. properties had filed foreclosures. This represents a decrease of 4.4% from the same period in 2023 but is up 7.8% from 2022. In general, since 2020...

Commercial – NYC Building Auctioned Part 2

But I think this is just the tip of the commercial real estate iceberg. If you would permit me to suggest, something else may be happening. Many of the industries, and not just businesses, but industries, that have been headquartered in New York City have moved to...