Compared to the rest of the Jersey City market, the Colgate Center region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 16 listings have been listed, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 38% of the available space in the Colgate Center are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 35,640 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 15 floors. Most buildings in this region were built in 1992 and are Class A.
Wholesale trade is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Colgate Center occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.