A former Sam’s Club warehouse leased to Amazon recently sold, marking a shift in the region from large suburban office spaces to warehouses. The transaction reflects a broader trend in New Jersey, where warehouse construction surged during the COVID-19 pandemic to meet the growing demand for e-commerce.
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Building warehouses comes with the promise of jobs. Here’s what those positions look like
“What their revenue flow is going to be, what their cash flow is going to be, all of those things have been severely compromised by changes in the economy of the last five years,” said Marc Pfeiffer.
There’s a way to manage warehouse mania in New Jersey | Opinion
Warehouses are popping up all over the landscape. Linda Stamato and Sandy Jaffe, senior policy fellows at the Bloustein School at Rutgers University, said a bill under consideration by the Legislature recognizes the need to weigh certain factors when considering...
Rutgers Forecast: New Jersey’s recovery still trails its neighbors and nation, with ‘moderate’ job growth expected
While a difficult winter has depressed job growth early in 2014, New Jersey actually has experienced slight improvement over a comparable period last year, according to Nancy Mantell, director of the Rutgers Economic Advisory Service (R/ECON). But Mantell predicts the...