South Jersey Medical Space For Lease In Voorhees NJ

Pavilion 800 buildingWolf Commercial Real Estate, a premier South Jersey commercial real estate broker that specializes in Southern New Jersey commercial real estate listings and services, is now offering  South Jersey medical space for lease at 2301 Evesham Road Voorhees NJ.

Located in the Pavilion 800 Building, this Southern New Jersey medical space for lease is part of The Pavilions of Voorhees medical and office complex, which features a professional quality environment in an accessible, functional and highly visible medical facility in the prestigious South Jersey community of Voorhees.  This South Jersey medical office space for lease in The Pavilions of Voorhees at 2301 Evesham Road Voorhees NJ has stunning, landscaped courtyards, a striking lobby entrance and active ownership and management.

There is between 1,127 and 12,768 square feet of divisible medical office space in South Jersey in the Pavilion 800 Building.  Suite 112 on the first floor offers 1,127 square feet of South Jersey medical space for lease, and Suite 115 features 8,282 square feet of divisible Southern New Jersey medical space for lease.  Suite 215 on the third floor of the Pavilion 800 Building has 12,768 square feet of divisible medical space in South Jersey.

The asking lease price for this South Jersey medical office space for lease in The Pavilions of Voorhees is $18.00 per square foot gross plus utilities.  This medical office space in South Jersey at 2301 Evesham Road Voorhees NJ is being offered for immediate occupancy through Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm that specializes in Southern New Jersey commercial real estate listings and services.

This medical space in South Jersey in The Pavilions of Voorhees office park is situated between Route 73 and Haddonfield-Berlin Road (Route 561) amid many of the area’s most well respected health care providers, including Virtua Heath and Wellness, Cooper Health System, Jefferson at Voorhees, Kennedy Health System, South Jersey Radiology and Quest Diagnostics.  This South Jersey medical office space for lease is adjacent to the Virtua Heath and Wellness Medical Campus and across the street from the Short Hills Residential & Retail development.

More than 70,000 residents live within a three-mile radius of this medical office space in South Jersey that is available through Wolf Commercial Real Estate, a South Jersey commercial real estate broker that specializes in Southern New Jersey commercial real estate listings and services.  With a ratio of 5/1000 sf, there is ample parking at this medical space in South Jersey.  Nearly 23,000 vehicles per day drive by The Pavilions of Voorhees at 2301 Evesham Road Voorhees NJ where this Southern New Jersey medical space for lease is located.

For more information about this South Jersey medical space for lease at 2301 Evesham Road Voorhees NJ or about any other South Jersey commercial properties for sale or lease, please contact Jason Wolf (856-857-6301; jason.wolf@wolfcre.com) at Wolf Commercial Real Estate, South Jersey commercial real estate brokerage firm that specializes in Southern New Jersey commercial real estate listings and services.

Wolf Commercial Real Estate is a leading South Jersey commercial real estate broker that provides a full range of Southern New Jersey commercial real estate listings and services, marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors and sellers.  Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through the team at our South Jersey commercial real estate brokerage firm.

Prime South Jersey Medical Space For Lease In Berlin NJ

175 Berlin Cross Keys RoadWolf Commercial Real Estate, a premier Southern New Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services, now has available prime South Jersey medical space for lease in the Centennial Center at 175 Berlin Cross Keys Road Berlin NJ.

There is between 1,200 and 10,000 square feet of divisible Berlin NJ medical space for lease in Building 100 of this South Jersey medical building for lease, while Building 200 offers 2,400 square feet of Southern New Jersey medical space for lease.

The asking price for this South Jersey medical office space for lease in the Centennial Center is $12.00/sf NNN.  This Berlin NJ medical space for lease at 175 Berlin Cross Keys Road Berlin NJ is available for immediate occupancy through Wolf Commercial Real Estate, a Southern New Jersey commercial real estate broker that specializes in South Jersey commercial real estate listings and services.

This Southern New Jersey medical space for lease is a single-story office complex with no loss factor.  Locally owned and managed, this South Jersey medical building for lease at 175 Berlin Cross Keys Road Berlin NJ provides direct, private 24/7 access to tenant suites.  At a ratio of 4.74/1,000 sf, parking is ample at this South Jersey medical office space for lease.

Routes 30 and 73 are conveniently nearby this South Jersey medical space for lease in the Centennial Center at 175 Berlin Cross Keys Road Berlin NJ.  Area bridges leading into Philadelphia and the Atlantic City Expressway for access to the Jersey Shore also are within minutes to this Southern New Jersey medical space for lease.  Banks, restaurants and retail stores are among the many amenities near this South Jersey medical office space for lease through Wolf Commercial Real Estate, a Southern New Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services.

More than 129,000 residents live within five miles of this South Jersey medical building for lease, and the average household income within five miles of this Berlin NJ medical space for lease is $82,913.

For more information about this South Jersey medical space for lease in the Centennial Center at 175 Berlin Cross Keys Road Berlin NJ or about any other South Jersey commercial properties for sale or lease, please contact Christopher Henderson (856-857-6337; chris.henderson@wolfcre.com) at Wolf Commercial Real Estate, a Southern New Jersey commercial real estate broker that specializes in South Jersey commercial real estate listings and services.

Wolf Commercial Real Estate is a premier Southern New Jersey commercial real estate broker that provides a full range of South Jersey commercial real estate listings and services, marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors and sellers.  Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through our Southern New Jersey commercial real estate brokerage firm.

Class “A” South Jersey Medical Space For Lease In Marlton NJ

999 Route 73Wolf Commercial Real Estate, a leading South Jersey commercial real estate brokerage firm that specializes in Southern New Jersey commercial real estate listings and services, is now offering Class “A” South Jersey medical space for lease at 999 Route 73 Marlton NJ.

Only two suites remain available at this premier Southern New Jersey medical space for lease. The first suite offers 2,352 square feet of prime medical space in South Jersey, while the other provides 1,184 square feet of South Jersey medical office space for lease.  This medical office space in South Jersey is available for immediate occupancy through Wolf Commercial Real Estate, a South Jersey commercial real estate broker that specializes in Southern New Jersey commercial real estate listings and services. The asking lease price for this medical space in South Jersey is $15.00/SF NNN.

This Southern New Jersey medical space for lease is located on a highly visible corner property at a landmark intersection directly across the street from the Greentree Shopping Center.  There is immediate access to Routes 73, 70, I-295 and the New Jersey Turnpike from this well-located South Jersey medical space for lease through Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm that specializes in Southern New Jersey commercial real estate listings and services.

This medical office space in South Jersey has undergone significant interior and exterior capital upgrades recently.  There also is strong ownership and management in place at this South Jersey medical office space for lease at 999 Route 73 Marlton NJ.

More than 46,000 vehicles per day drive by this Southern New Jersey medical space for lease from Wolf Commercial Real Estate, a South Jersey commercial real estate broker that specializes in Southern New Jersey commercial real estate listings and services.  Parking is plentiful at this medical space in South Jersey, at ratio of 4.5/1000.  Nearly 78,000 residents live within a three-mile radius of this South Jersey medical office space for lease at 999 Route 73 Marlton NJ.

For more information about this medical office space in South Jersey at 999 Route 73 Marlton NJ, or about any other South Jersey commercial properties for sale or lease, please contact Jason Wolf (856-857-6301; jason.wolf@wolfcre.com) at Wolf Commercial Real Estate, a leading South Jersey commercial real estate brokerage firm.

Wolf Commercial Real Estate is a premier South Jersey commercial real estate broker that provides a full range of Southern New Jersey commercial real estate listings and services, marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors and sellers.  Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through our South Jersey commercial real estate brokerage firm.

WCRE First Quarter Report: Heavy Snow Did Not Dampen First Quarter Commercial Real Estate Activity In Southern New Jersey

research information graphicApril 7, 2014 – Marlton, NJ – The second snowiest winter on record couldn’t stop the enthusiasm in the regional commercial real estate markets, according to the latest quarterly report by Wolf Commercial Real Estate (WCRE). Driven by job gains and growth in some industries, the region bounced back from the slight slow-down of the fourth quarter, posting a 26 percent increase in square feet leased compared with the first quarter of last year.

The report by the Southern New Jersey firm noted many positive trends during the first quarter, setting up for a solid 2014. “This year we’ve seen vacancy rates continue their slow, steady declines, unemployment in New Jersey heading in the right direction, and locally we have seen big shifts by some of the largest corporate players,” said Jason Wolf, founder and principal of WCRE. “A few national trends and headlines, such as declining unemployment nationwide, a cooling of international tensions, and expected increases in consumer confidence, are fueling the increased activity we’ve seen in our region.”

Even with historic severe weather, the CRE market was very busy during first quarter, with further stabilization of rents, the consummation of a mega-deal for a 24-building office/flex portfolio, and another large group of assets coming onto the market. There were approximately 397,141 square feet of new leases and renewals executed in the three counties surveyed. Notably, expansions and new deals remained strong this quarter, representing 54 percent of all transactions. Net absorption for the quarter was approximately 123,746 sf, a 20-point increase over the fourth quarter of 2013.

The report noted that many of the quarter’s subject properties were located in prime 3M locations within Burlington County, and that the tightening of those areas was causing demand to shift toward large vacancies in Camden County.

The two most noteworthy developments in the quarterly report were the closing of Liberty Property Trust’s (NYSE: LRY) disposition of its entire office/flex portfolio in the region, and Brandywine Realty Trust’s (NYSE: BDN) listing a portion of its area portfolio for sale. The Liberty Property Trust portfolio, comprising 1,188,285 square feet in 24 buildings, was purchased by Somerset Properties. Brandywine has listed five office buildings totaling 397,000 square feet.

Other office market highlights from the report:

— Burlington County continued to maintain a significantly lower vacancy rate than Camden County, at 9.6 percent compared with Camden’s 19.3 percent, though both counties saw decreases of more than a point this quarter.

— Average rents for Class A & B product continue to show strong support in the range of $11.00-$14.00/sf NNN or $21.00-$24.00/sf gross, with an overall market average showing strong support in the $11.00-$11.50/sf NNN or $21.00-$21.50/sf gross for the deals completed during the first quarter. This is essentially unchanged from the previous quarter.

— New lease activity for Q1 is in the range of approximately 215,910 square feet of new deals and/or expansions and approximately 181,231 square feet of renewals, for a total of approximately 397,141 square feet of leasing activity.

— All of the major private owners and REITS showed a significant increase in prospect activity for the quarter, and are all cautiously optimistic for 2014.

— Businesses that specialize in banking, consulting, government, information technology and financial services all were very active in Southern New Jersey during the first quarter.

WCRE also reported on the local retail market, noting that the first quarter experienced a lull, which was driven in part by the weather and in part by a weak holiday shopping season. Highlights from the retail section of the report include:

— Overall retail vacancy in the tri-county area is hovering around 15.2%, up several points from a fourth quarter marked by disappointing retail sales figures.

— Class A retail product rental rates continue to show strong support in the range of $30.00-$40.00/sf NNN, which is essentially unchanged from the previous several quarters.

— Class B product shows support in the range of $15.00-$25.00/sf NNN.

The full report is available upon request.

WCRE is a full-service commercial real estate brokerage and advisory firm specializing in office, retail, medical, industrial and investment properties in Southern New Jersey and the Philadelphia region. We provide a complete range of real estate services to commercial property owners, companies, banks, commercial loan servicers, and investors seeking the highest quality of service, proven expertise, and a total commitment to client-focused relationships. Through our intensive focus on our clients’ business goals, our commitment to the community, and our highly personal approach to client service, WCRE is creating a new culture and a higher standard. We go well beyond helping with property transactions and serve as a strategic partner invested in your long term growth and success.

Learn more about WCRE online at www.wolfcre.com, on Twitter @WCRE1, and on Facebook at Wolf Commercial Real Estate, LLC. Visit our blog pages at www.southjerseyofficespace.comwww.southjerseyretailspace.com, and www.southjerseymedicalspace.com.

South Jersey Medical Space For Lease In Collingswood, NJ

900 Haddon Avenue-smWolf Commercial Real Estate, a premier Southern New Jersey commercial real estate broker that specializes in South Jersey commercial real estate listings and services, is now offering prime South Jersey medical space for lease in the Station Office Building at 900 Haddon Avenue Collingswood NJ.

There are multiple suites available in this medical space in South Jersey, ranging in size from 302 square feet of Collingswood medical space for lease to 16,758 square feet of Southern New Jersey medical space for lease.

The asking price for this medical space in Collingswood in the Station Office Building at 900 Haddon Avenue Collingswood NJ is $15.00/sf Full Service.  This Southern New Jersey medical space for lease is being offered for immediate occupancy through Wolf Commercial Real Estate, a Southern New Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services.

The medical space in South Jersey in the Station Office Building is a full-service South Jersey medical building that is perfect for any professional medical use.  There is a newly renovated lobby and common area at this South Jersey medical office building for lease, and tenants in this medical space in Collingswood enjoy an accessible on-site maintenance and management staff.

This South Jersey medical space for lease at 900 Haddon Avenue Collingswood NJ is ideally located in the middle of the bustling Collingswood Business District.  Among the many amenities near this medical space in Collingswood are banks, restaurants and retailers along Haddon Avenue.

The Collingswood PATCO High Speed Line station is immediately accessible to this Collingswood medical space for lease through Wolf Commercial Real Estate, a Southern New Jersey commercial real estate broker that specializes in South Jersey commercial real estate listings and services.  This South Jersey medical office building for lease at 900 Haddon Avenue Collingswood NJ also provides easy access to Route 130, 70 and 38, while Philadelphia is less than 10 minutes away from this Southern New Jersey medical space for lease.

Parking is plentiful in the three lots at this medical space in South Jersey.  A lobby directory and tenant suite signage are available at this Collingswood medical space for lease through Wolf Commercial Real Estate, a Southern New Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services.

There are more than 344,000 people living within a five-mile radius of this South Jersey medical office building for lease.  The average household income within five miles of this Collingswood office space for lease is $71,793.

For more information about this South Jersey medical space for lease in the Station Office Building at 900 Haddon Avenue Collingswood NJ or about any other South Jersey commercial properties for sale or lease, please contact Christina Del Duca (856-857-6304; christina.delduca@wolfcre.com) or Christopher Henderson (856-857-6337; chris.henderson@wolfcre.com) at Wolf Commercial Real Estate, Southern New Jersey commercial real estate broker that specializes in South Jersey commercial real estate listings and services.

Wolf Commercial Real Estate is a premier Southern New Jersey commercial real estate brokerage firm that provides a full range of South Jersey commercial real estate listings and services, marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors and sellers.  Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through our Southern New Jersey commercial real estate brokerage firm.

Well-Located South Jersey Medical Space for Lease in Marlton

94 Brick RoadWolf Commercial Real Estate, a leading Southern New Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services, now has available well-located South Jersey medical space for lease at 94 Brick Road Marlton NJ.
Located in the West Jersey Office Plaza, this South Jersey medical office space for lease is situated in the heart of one of South Jersey’s main commerce centers, with direct access to major medical facilities as well as multiple retail establishments and restaurants. The prime location of this Southern New Jersey medical space for lease makes it an ideal location for a host of different types of medical offices and facilities.

There is 1,500 square feet to 38,785 square feet of divisible medical space in South Jersey at this South Jersey medical office building for lease at 94 Brick Road Marlton NJ. The asking lease price for this medical office space in South Jersey is $16.00/sf NNN plus utilities and janitorial. This South Jersey medical office space for lease in the West Jersey Office Plaza is available for immediate occupancy through Wolf Commercial Real Estate, a Southern New Jersey commercial real estate broker that specializes in South Jersey commercial real estate listings and services.

This well-maintained South Jersey medical office building for lease has an excellent window line around the entire building. Locally owned and managed, this Southern New Jersey medical space for lease has easy access to a hospital and a multiplex rehabilitation facility. This South Jersey medical space for lease at 94 Brick Road Marlton NJ is situated on the grounds of Virtua West Jersey Health System Marlton Campus, the Marlton Rehabilitation Hospital and Weisman Children’s Rehabilitation Hospital. Among the many retail stores and restaurants near this medical space in South Jersey is the Promenade at Sagemore, home to some of the area’s most popular upscale shops and restaurants.

Located at the intersection of Route 73 and Brick Road, just south of Route 70 in Marlton, this Southern New Jersey medical space for lease can be conveniently accessed from Routes 73 and 70, I-295, the New Jersey Turnpike and the Atlantic City Expressway. This medical office space in South Jersey is available for lease through Wolf Commercial Real Estate, a Southern New Jersey commercial real estate broker that specializes in South Jersey commercial real estate listings and services.

Parking is plentiful at this South Jersey medical office space for lease at a ratio of 4.00/1,000 sf. Nearly 57,000 vehicles per day pass by the intersection of Route 73 and Brick Road near the entrance to this medical space in South Jersey at 94 Brick Road Marlton NJ. In addition, more than 67,000 people live within a three-mile radius of this South Jersey medical office building for lease in the West Jersey Office Plaza.

For more information about this medical office space in South Jersey at 94 Brick Road Marlton NJ, or about any other South Jersey commercial properties for sale or lease, please contact Todd Levin (856-857-6319; todd.levin@wolfcre.com) at Wolf Commercial Real Estate, a premier Southern New Jersey commercial real estate broker.

Wolf Commercial Real Estate is the foremost Southern New Jersey commercial real estate brokerage firm that provides a full range of South Jersey commercial real estate listings and services, marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors and sellers. Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through our Southern New Jersey commercial real estate brokerage firm.

Premier South Jersey Medical Space For Lease in Voorhees NJ

2401 Evesham RoadWolf Commercial Real Estate, a leading Southern New Jersey commercial real estate broker that specializes in Southern New Jersey commercial real estate listings and services, is now offering premier South Jersey medical space for lease at 2401 Evesham Road Voorhees NJ.

This Southern New Jersey medical space for lease is a well-maintained professional medical office building located on Evesham Road. This South Jersey medical office space for lease is located next to the Delaware Valley Urology Voorhees campus and across from the Health and Wellness Campus of Virtua Health System.

There is single suite with 1,617 square feet of a South Jersey medical space for lease available. The asking lease price for this medical space in South Jersey at 2401 Evesham Road Voorhees NJ is $18.00 sf/NNN. This Southern New Jersey medical space for lease is available for immediate occupancy through Wolf Commercial Real Estate, a Southern New Jersey commercial real estate brokerage firm that specializes in Southern New Jersey commercial real estate listings and services.

The other tenants in this South Jersey medical office space for lease include LabCorp and Garden State OB/GYN. This medical space in South Jersey was awarded LEED certification at the Gold level in 2012.

Located at the intersection of Evesham and Cooper Roads, this South Jersey medical space for lease is in close proximity to Route 70 & 73 and I-295. More than 70,000 people live within a three-mile radius of this Southern New Jersey medical space for lease that is available through Wolf Commercial Real Estate, a leading Southern New Jersey commercial real estate broker that specializes in Southern New Jersey commercial real estate listings and services.

There is abundant parking at this South Jersey medical office space for lease at 5.75/1000 sf. Nearly 23,000 vehicles pass this medical space in South Jersey at 2401 Evesham Road Voorhees NJ.

For more information about this Southern New Jersey medical space for lease at 2401 Evesham Road Voorhees NJ or about any other South Jersey commercial properties for sale or lease, please contact Jason Wolf (856-857-6301; jason.wolf@wolfcre.com) at Wolf Commercial Real Estate, a Southern New Jersey commercial real estate brokerage firm that specializes in Southern New Jersey commercial real estate listings and services.

Wolf Commercial Real Estate is a leading Southern New Jersey commercial real estate broker that provides a full range of Southern New Jersey commercial real estate listings and services, marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors and sellers. Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through the team at our Southern New Jersey commercial real estate brokerage firm.

Prime South Jersey Medical Space For Lease in Voorhees NJ

Pavilion 800 buildingWolf Commercial Real Estate, a leading South Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services, now has available prime South Jersey medical space for lease at 2301 Evesham Road Voorhees NJ.

This South Jersey medical office space for lease is located in the Pavilion 800 Building, part of The Pavilions of Voorhees medical and office complex at 2301 Evesham Road Voorhees NJ. The Pavilion 800 Building provides a professional quality environment for tenants seeking an accessible, functional and highly visible medical facility in the prestigious Voorhees community. This Southern New Jersey medical space for lease features elaborate landscaped courtyards, a beautiful lobby entrance and hands-on ownership and management.

The Pavilion 800 Building currently has available 1,127 to 12,768 square feet of divisible South Jersey medical space for lease. On the first floor, Suite 112 provides 1,127 square feet of South Jersey medical office space for lease, while Suite 115 provides 8,282 square feet of divisible medical space in South Jersey. On the third floor, Suite 215 of the Pavilion 800 Building has 12,768 square feet of divisible Southern New Jersey medical space for lease.

The asking lease price for this medical space in South Jersey in The Pavilions of Voorhees is $18.00 per square foot gross plus utilities. This medical space in South Jersey at 2301 Evesham Road Voorhees NJ is available for immediate occupancy through Wolf Commercial Real Estate, a South Jersey commercial real estate broker that specializes in South Jersey commercial real estate listings and services.

This South Jersey medical space for lease is well-located in The Pavilions of Voorhees office park on Evesham Road between Route 73 and Haddonfield-Berlin Road (Route 561). This South Jersey medical office space for lease is conveniently located in the center of many of the region’s most prestigious health care providers, including Virtua Heath and Wellness, Cooper Health System, Jefferson at Voorhees, Kennedy Health System, South Jersey Radiology and Quest Diagnostics. This Southern New Jersey medical space for lease at 2301 Evesham Road Voorhees NJ also is adjacent to the Virtua Heath and Wellness Medical Campus and across the street from the Short Hills Residential & Retail development.

There are more than 70,000 people living within three miles of this medical space in South Jersey that is available through Wolf Commercial Real Estate, a South Jersey commercial real estate broker that specializes in South Jersey commercial real estate listings and services.

Parking is plentiful at this South Jersey medical space for lease at 5/1000 sf. Nearly 23,000 vehicles per day drive by The Pavilions of Voorhees at 2301 Evesham Road Voorhees NJ.

For more information about this South Jersey medical office space for lease at 2301 Evesham Road Voorhees NJ or about any other South Jersey commercial properties for sale or lease, please contact Jason Wolf (856-857-6301; jason.wolf@wolfcre.com) at Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services.

Wolf Commercial Real Estate is the foremost South Jersey commercial real estate broker that provides a full range of South Jersey commercial real estate listings and services, marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors and sellers. Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through the team at our South Jersey commercial real estate brokerage firm.

Well-Located South Jersey Medical Space For Lease in Cherry Hill NJ

1401 East Marlton PikeWolf Commercial Real Estate, a leading Southern New Jersey commercial real estate broker that specializes in South Jersey commercial real estate listings and services, now has available well-located South Jersey medical space for lease at 1401 East Marlton Pike Cherry Hill NJ.

Located next to the Barclay Shopping Center on heavily traveled Route 70, this South Jersey medical office space for lease has units ranging from 774 sf to 2,700 sf.   This Southern New  Jersey medical space for lease is available for immediate occupancy through Wolf Commercial Real Estate, a Southern New Jersey commercial real estate brokerage firm.  The asking lease price for this medical space in South Jersey is $18.00/sf plus utilities and janitorial.

The location of this South Jersey medical office space for lease along the busy Route 70 corridor allows for convenient access to I-295 and points North and South.  This South Jersey medical space for lease is within minutes of all South Jersey health systems (Virtua, Lourdes, Kennedy, UNDNJ and Cooper).

Parking is abundant at this Southern New  Jersey medical space for lease at 6/1000.  This medical space in South Jersey at 1401 East Marlton Pike Cherry Hill NJ is available through Wolf Commercial Real Estate, a Southern New Jersey commercial real estate broker that specializes in South Jersey commercial real estate listings and services.

An average of almost 62,000 vehicles per day drive by this South Jersey medical office space for lease at 1401 East Marlton Pike Cherry Hill NJ.  Nearly 86,000 residents live within three miles of this medical space in South Jersey for lease through Wolf Commercial Real Estate, the foremost Southern New Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services.

For more information about this Southern New  Jersey medical space for lease at 1401 East Marlton Pike Cherry Hill NJ or about any other South Jersey commercial properties for sale or lease, please contact Christina Del Duca (856-857-6304; christina.delduca@wolfcre.com) at Wolf Commercial Real Estate, a  Southern New Jersey commercial real estate broker.

Wolf Commercial Real Estate is a premier Southern New Jersey commercial real estate brokerage firm that provides a full range of South Jersey commercial real estate listings and services, marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors and sellers.  Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through our Southern New Jersey commercial real estate brokerage firm.

Fourth Quarter Report: Year of Mostly Solid Growth in Southern New Jersey Commercial Real Estate Market Portends Well for 2014

research information graphicThe overall year for the Southern New Jersey commercial real estate market showed mostly solid growth that portends well for 2014, even with some moderation in leasing activity in the fourth quarter 2013, according to a new quarterly market analysis issued by Wolf Commercial Real Estate, a leading South Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services for South Jersey medical space and other South Jersey commercial properties.

 
Many positive trends during the fourth quarter and the year again proved the resiliency of the South Jersey commercial real estate market, the Southern New Jersey commercial real estate broker reported.

“Total leasing activity was slightly off this quarter compared with the fourth quarter of 2012, but we saw 14.5% growth in activity in our market in 2013,” said Jason Wolf, founder and principal of Wolf Commercial Real Estate. “As exciting as it is to report this surge, based on the conditions in place, we expect 2014 to be even stronger.”

 
The Southern New Jersey commercial real estate market was busy in the fourth quarter, with further stabilization of rents, a pending mega-deal for a 24-building office/flex portfolio, and a great deal of prospecting setting up a high number of transactions that will consummate in the early part of the new year, according to the fourth quarter report from Wolf Commercial Real Estate, a South Jersey commercial real estate broker that specializes in South Jersey commercial real estate listings and services.

Approximately 374,121 square feet of new leases and renewals for South Jersey medical space and other South Jersey commercial properties were executed in the three counties surveyed, a decline of nearly 1.7% compared to the fourth quarter of 2012. But for the year, the report said, there was +/-1,625,190 square feet of total South Jersey commercial real estate market activity, compared to +/-1,419,276 square feet in 2012. Notably, expansions and new deals remained strong this quarter, with net absorption at approximately 102,294 sf.

Strong demand in the Southern New Jersey commercial real estate markets was in part powered by the continuing nationwide economic rebound, the South Jersey commercial real estate brokerage firm reported. The stock market saw several record high closes, closing the year up 26%, and both New Jersey’s and the nation’s unemployment rates improved. New Jersey’s unemployment rate dropped to 7.8% at the end of the fourth quarter, falling nearly two full points over the year. The national unemployment rate was 7% at the year’s end.

The two most noteworthy developments in the quarterly report were the further reduction of the region’s vacancy rate for South Jersey medical space, Southern New Jersey retail space and other South Jersey commercial properties, which now is down to approximately 15%, and Liberty Property Trust’s (NYSE: LRY) announcement that its entire office/flex portfolio in the region was put under agreement. The portfolio comprises 1,188,285 square feet in 24 buildings.

Among the Southern New Jersey office space highlights in the report from Wolf Commercial Real Estate, a Southern New Jersey commercial real estate broker that specializes in South Jersey commercial real estate listings and services:

• Average rents for Class A & B Southern New Jersey office space continue to show strong support in the range of $11.00-$14.00/sf NNN or $21.00-$24.00/sf gross, with an overall market average showing strong support in the $11.00-$11.50/sf NNN or $21.00-$21.50/sf gross for the deals completed during the fourth quarter. This is essentially unchanged from the third quarter 2013.

• Burlington County maintained a significantly lower vacancy rate in the South Jersey commercial real estate market than Camden County. Specifically, Moorestown, Marlton and Mount Laurel (3M) continued to show strength, while a large portion of the region’s vacancies were in Voorhees, Pennsauken, and the west side of Cherry Hill.

• A very active pipeline of deals covering approximately 400,000 sf of Southern New Jersey office space was in the works and will be completed soon.

• All of the major private owners and REITS showed a significant increase in prospect activity for the quarter, and are all cautiously optimistic for 2014.

The South Jersey commercial real estate broker also reported that leasing for Southern New Jersey retail space was strong, with owners cautiously optimistic, despite weak holiday sales figures. Highlights of the Southern New Jersey retail space market in the report include:

• Southern New Jersey retail space in the tri-county area showed tremendous improvement, with vacancies hovering around 10.7%, up from the 17-18% range at the end of 2012.

• Class A retail product rental rates for Southern New Jersey retail space continue to show strong support in the range of $30.00-$40.00/sf NNN.

• Class B product for Southern New Jersey retail space shows support in the range of $15.00-$23.00/sf NNN.

The full quarterly report is available upon request from Wolf Commercial Real Estate, a Southern New Jersey commercial real estate broker specializing in South Jersey commercial real estate listings and services.

For more information about South Jersey medical space or any South Jersey commercial properties, please contact Jason Wolf (856-857-6301; jason.wolf@wolfcre.com), Christina Del Duca (856-857-6304; christina.delduca@wolfcre.com), Todd Levin (856-857-6319; todd.levin@wolfcre.com) or Scott Seligman (856-857-6305; scott.seligman@wolfcre.com) at Wolf Commercial Real Estate, the foremost South Jersey commercial real estate broker.

Wolf Commercial Real Estate is a premier Southern New Jersey commercial real estate broker that provides a full range of South Jersey commercial real estate listings and services, marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors and sellers. Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through our South Jersey commercial real estate brokerage firm.