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Somerville Landfill Redevelopment

COMMERCIAL REAL ESTATE NEWS

EMA NewsAccording to Costar, 6% of Somerset County’s industrial space is vacant with an average time on market of approximately 19 months. 17% of Somerset County’s office space is vacant with an average time on market of approximately 31 months. See below for the full reports.

ARCHIVED NEWS, click here for most recent news
 

Office Market Data
Somerset County, NJ Office Forecast Report. 12/31/07
Industrial Market Data
Industrial/Flex Forecast Report for Somerset County, NJ. 12/31/07
As of October 2, 2007 there have been 2 major real estate transactions representing a total of 74,000 square feet of space.
  • National Air & Hydraulics Inc. – Franklin Township, NJ - 30,000 SF
  • Advanced Health Media – Bridgewater, NJ - 44,000 SF
Commercial Real Estate News
In 2007, companies have made real estate transactions occupying nearly 2.2 million square feet across Somerset County.


ISSUES & INFO

Commuters Can Save On Parking Expenses
Assessing the Manufacturing Value-Chain
Expanded Public Transit Service
Comment on the All-Hazards Mitigation Plan
Solar Loan Program Available
DEMOGRAPHICS &
STATISTICS
Economic Characteristics
Housing & Population
Real Estate: Industrial/Flex
Market Report
Real Estate: Office
Market Report
More...

GEOGRAPHY
 
Locator Map
Redevelopment Areas
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OUR STAFF
 
Letter.gif John Maddocks
VP Economic Dev.
Letter.gif Jim Gabriel
Economic Dev
Coordinator

  © 2007

  Somerset County Business Partnership | 360 Grove St | Bridgewater, NJ 08807

908-218-4300

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