CresaPartners
The Atrium, East 80 Route 4
Paramus, New Jersey 07652
tel 201.712.0712
fax 201.712.0767
Our Market
Our New Jersey office tracks local real estate market statistics in Northern New Jersey by 21 primary geographic submarkets situated immediately between two of the largest metropolitan areas in the United States—New York City and Philadelphia. With a combined inventory of over 289 million square feet in over 7,400 buildings, northern New Jersey is the sixth largest office market in the country. The primary product type is suburban, low-rise office development offering easy access via the comprehensive highway infrastructure throughout the region. The industry mix is mature and diverse with significant representation from the financial services, telecommunications, chemical, pharmaceutical, insurance, health care, and biotech industries. Twenty-one Fortune 500 companies are headquartered in New Jersey.
New Jersey occupies a key position as the central state in the largest economic concentration in North America. The state’s location places it within a 24-hour truck-ride radius of more than 100 million consumers with a collective purchasing power of $1 trillion. As the epicenter of the nation's largest business corridor, New Jersey is attractive for international business and home to more that 1400 foreign-based firms. The region is serviced by three major international airports, and the Port of New York and New Jersey is the third largest port complex in North America. With an inventory of 759 million square feet in over 12,000 buildings, northern New Jersey is the third largest industrial market in the United States.
Our Company
CresaPartners is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Relocation Planning and Management, Strategic Planning, Workforce & Location Planning, Subleases and Dispositions, Lease Administration, Capital Markets, and Facilities Management. With more than 50 North American offices, CresaPartners is the largest pure tenant representation firm in the U.S. and Canada. Through a partnership with BNP Paribas, CresaPartners is a member of one of the leading real estate organizations in the world, covering 35 countries.