Event Details
When:
March 17, 2020 7 AM - 9:30 AM EDT
Where:
Overview
Please note: Due to the status of the corona virus, our March monthly breakfast meeting has been cancelled.
Real Estate trends for the new year and new decade
Healthcare and higher education have long been the historic drivers of real estate development, resulting in the growth of cities and sprawling suburban areas. However, the trends are changing now as millennials and baby boomers converge around demand for public transportation and higher cost multi-family housing units. New drivers are emerging, as well, as business owners looking to establish and expand operations are faced with the challenges of attracting and retaining top talent. If you are not on a transit line, you are not on the radar screen! A word of caution – not all transit lines are equal, so you will definitely want to ‘know before you go’.
Join us as our panel of real estate experts review three distinct and successful commercial real estate developments in New Jersey. Each of these properties share the common goals of revitalizing real estate and increasing property values; but did you know the economic and employment benefits represent an even greater ROI for the tenants??
Ryan Severino, Chief Economist, JLL, will open our event with a brief overview of the economy and employment trends. Josh Burd, Editor of RE-NJ, will then take you on our Jobs & Transit Tour of New Jersey as he interviews Blake Goodman, JLL Broker; Bob Goldsmith, Esq., Greenbaum Rowe; and Dana Nalbantian, Gensler on the drivers behind why companies are willing to paying premiums rents on 4 million square feet of fully leased commercial real estate space!
Transit
Oriented Developments
- M Station at Morristown
- Gateway Center Newark