News

This is a continuation of our ‘Vacancy Survey’ series, please read Central NJ Retail Vacancy Rates 2014 – Part 1 here. No new big-box vacancies were seen along the central corridors since the firm’s 2013 survey. Among the spaces absorbed over the past 12 months, the remaining 62,600-square feet in the long-vacant former Lowes building

Central NJ Retail Vacancy Rate Hits 7.6%, Lowest Rate in Six Years Big box and smaller store spaces combined to push the retail vacancy rate along central New Jersey’s major shopping corridors to a six-year low of 7.6% from 9.8% in 2013, according to the latest study by R.J. Brunelli & Co., LLC. Looking back