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 submarket.
In the last 90 days, 6 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 83% of the available space 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 posted, so finding a space for a small business might be tough.
Even though the median size is 34,790 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are around 15 floors. Most buildings in this market 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.