Choices abound, from downtown Newark with superb mass transit service and convenient access to Newark International Airport, to bucolic corporate office parks in more suburban settings. Nearly 106 million square feet of this space was occupied by tenants as of the end of the first quarter 1998. For new construction, the building must be available for tenant build-out within 6 months.
All space included here is considered available until transactions are executed.
The market for single family homes is also impressive. Interest rates have been relatively stable, allowing homeowners to negotiate or re-negotiate a good mortgage rate. While new housing continues to grow in, many people are choosing to renovate their older homes, which positively affects both quality of life and re-sale values.