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E-commerce and last-mile delivery were the themes for the New Jersey industrial real estate market at Cushman & Wakefield’s midyear overview and outlook event this year.
While the public is sometimes led to believe that malls will soon become obsolete, the repurposing of malls has and continues to show it is a viable option for owners, commercial real estate firm Transwestern said in a recent report.
In a recently published second-quarter retail report for northern and central New Jersey, commercial real estate firm Colliers International said the regions saw a combined 543,128 square feet of negative net absorption.