Brian Whitmer of Cushman & Wakefield, Inc. will lead a topical, interactive discussion on the future of New Jersey’s suburban office product. Joining him in the discussion will be Tom Michnewicz of Somerset Development, Sam Morreale of Vision Equities, Paul Teti of Normandy Real Estate Partners, and Economist James Hughes of The Bloustein School at Rutgers University.
The impact of the recession on commercial real estate in New Jersey – particularly office – has been well-documented. Subsequently, an emerging trend has been that more companies are willing to pay the price – a premium of at least 30 percent – for office space in New Jersey’s urban centers to gain access to a young, urban workforce and the amenities they seek.
