Hudson County, Jersey City, has fewest vacancies in state

New research says that Hudson County in Jersey City boasts the lowest vacancy rate in commercial real estate.

The amount of rented office space standing vacant was the lowest in the state over Q4 of last year, the report from the Edward J Bloustein School of Planning and Public Policy said.

During that time, Hudson County had 2.14 million square feet of vacant office space.

The news provides a glimmer of hope for the local commercial real estate market during this time of recession.

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