New York City Scoop: Construction Starts in New Jersey
Erik Sletteland Vice President, Client Service Structure Tone
“New Jersey’s development market is very active, particularly when it comes to adaptive reuse,” says Sletteland. “Developers are revitalizing outdated corporate facilities and pharmaceutical campuses ... as new mixed-use hubs with commercial, residential and retail uses. We’re also seeing a wave of consolidations as large companies work to build or renovate spaces to bring together their dispersed workforces in modern, amenity-rich workspaces that better match the way people work today.”