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COMMERCIAL REAL ESTATE NEWS
According
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. |
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ARCHIVED NEWS,
click here for
most recent news
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Office Market Data
Somerset County, NJ Office Forecast
Report. 12/31/07 |
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Industrial Market
Data
Industrial/Flex Forecast Report for
Somerset County, NJ. 12/31/07 |
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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
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Commercial Real
Estate News
In 2007, companies have made real estate
transactions occupying nearly 2.2
million square feet across Somerset
County. |
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