U.S. OFFICE SPACE MARKET MADE GAINS IN 2013

U.S. OFFICE SPACE MARKET MADE GAINS IN 2013

Wolf Commercial Real Estate, the #1 New Jersey commercial real estate brokerage firm, is your top choice for commercial land and medical, industrial, and office space in New Jersey. Come to us first for all southern New Jersey real estate and space needs, including space near the Philadelphia area. Through our office, we represent both buyers and sellers, and owners and tenants, for all their New Jersey space needs throughout the state, the region and the entire country.

Have you been worried about the state of the United States economy? Have you been wondering if it has recovered yet from the recession? Do you need office space, or do you work in real estate focusing on office space? Well, there’s been good news so far in 2014! The market for US office space has made healthy gains in 2013, and forecasters are projecting a good-looking 2104. 

Net absorption in the United States rose 22% in 2013, reaching 59 million square feet. And not only that, but the vacancy rate dropped from 12.4% to 11.9%—50 basis points. Experts point to the increased demand for office space as the leading factor. Whatever the cause, now is a great time to be involved in the office space market, and it’s looking brighter all the time.

For more information about NJ office space, about other New Jersey commercial real estate listings, or about commercial real estate elsewhere in the United States, please contact Jason Wolf (856-857-6301; jason.wolf@wolfcre.com) or Leor Hemo (856-857-6302; leor.hemo@wolfcre.com) at Wolf Commercial Real Estate, the foremost South Jersey commercial real estate broker.

About Us

Wolf Commercial Real Estate is a South Jersey commercial real estate broker that provides a full range of Southern New Jersey commercial real estate services, marketing commercial offices, medical properties, investment properties, industrial properties, land parcels and retail buildings for buyers, sellers, tenants and investors.