NAI DiLeo-Bram & Co. Releases Winter 2021 Capital Markets Snapshot

 

Market continues steady march in its return to normal volume

  • Morris, Somerset, and Union counties all outperformed their five-year averages

  • Union County achieved $318 million of industrial sales in 2021, the most in any single year in over five years

  • In the second half of the year, the retail sector recorded its best six-month figures for both volume and total transactions since the pandemic started

  • Industrial demand has been exceeding supply forcing price per sq. ft. to reach the highest levels in a decade

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Marc Shein Inks $4.3M Sale of 49,000-SF Class A Office Building in Manalapan, NJ

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Northern/Central New Jersey Fall 2021 Market Review