CoStar: Commercial Real Estate Flurry in New Jersey and New York?

CoStar talked with Jay Czarkowski and Greg Huffaker for their insights about the potential for New York and New Jersey marijuana legalization may spark a flurry of commercial real estate activity.

“Finding the right property can be your ticket to that license,” said Greg Huffaker III, director of client services for Boulder, Colorado-based Canna Advisors, a consulting firm.

Despite their initial and long-term challenges, New York and New Jersey are both going to be huge cannabis markets, according to Jay Czarkowski.

“Ultimately, we advise our clients based on their passions and access to resources, and both markets will have enough variety of licensure to satisfy many different goals,” he said.

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