President’s View

The C5 Summit

BY JEFFREY JONES

The new year is bringing a slew of new opportunities and one thing I am most excited for is the C5 Summit, a U.S. based commercial real estate event, slated for Sept. 27-29 in New York City. This brand-new conference is presented by the National Association of Realtors® and NAR 2021 President Charlie Oppler. New Jersey Realtors® is excited to support Past President Charlie and also welcome a new conference to the Realtor® Association schedule.

This will be the premiere commercial event for U.S. industry influencers and partners. It will be a place to learn, network, market, and deal with top companies, developers, and members.

New Jersey’s commercial market is unique and diverse. As you’ll read throughout the rest of this issue, the pandemic has certainly changed the landscape of the market sector, but there is hope on the horizon in the coming months and years for some big moves.

As a Realtor® who works primarily in the commercial market, I have seen firsthand how this commercial stability creates a more robust economy. We’ve seen retail and office space struggle through this past year but manufacturing and warehouses have been white hot. Investors are taking advantage of these historically low interest rates and the consumer’s move to an online world and running with it. The time to be interested and invested in commercial is now.

The association is confident this will be a premiere commercial event for the entire country and are proud to be Class A sponsors of the conference. Our presence, along with supporting Charlie, will be to showcase the opportunities and investments available in New Jersey and drive business back to our state, which is uniquely located as a key distribution hub between Washington, D.C., Philadelphia, and New York City.

New Jersey is a great place for business, according to Choose: New Jersey, the state has five foreign trade zones, 2900 miles of interstate, and 69 opportunity zones. The state is also ranked number one in biotech growth potential, number one in drug and pharma employment, and is home to the number one busiest seaport on the East Coast.

New Jersey Realtors® is looking forward to the opportunity to showcase all the Garden State has to offer and we hope to see you there. Registration for the C5 Summit opens on March 30—nar.realtor/events/c5-summit