Compared to the rest of the Jersey City market, the Colgate Center region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 6 listings have been made available, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 83% of the available leases in the Colgate Center are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 34,790 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 15 floors. Most buildings in this market were built in 1992 and are Class A.
Wholesale trade is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Colgate Center folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.