Premier South Jersey Retail Space for Lease in Cherry Hill NJ

926 Haddonfield RoadWolf Commercial Real Estate, a leading South Jersey commercial real estate brokerage firm with expertise in Southern New Jersey commercial real estate listings and services, is now offering 1,850 square feet of premier South Jersey retail space for lease in the 926 Plaza shopping center at 926 Haddonfield Road Cherry Hill NJ.

This Southern New Jersey retail space for lease at 926 Haddonfield Road Cherry Hill NJ is a contemporary, newly-constructed shopping center in a vibrant retail shopping area of Cherry Hill. This South Jersey retail building for lease has excellent exposure to thousands of potential customers daily.

The asking lease price for this retail space in South Jersey is $24 per square foot NNN. This South Jersey retail space for lease in the 926 Plaza shopping center at 926 Haddonfield Road Cherry Hill NJ 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.

This well-situated South Jersey retail building for lease is located on busy Haddonfield Road, directly across from the Towne Place at Garden State Park and just south of the Cherry Hill Mall. The many retailers and restaurants surrounding this Southern New Jersey retail space for lease in the 926 Plaza shopping center include Wegmans, The Home Depot, Nordstrom, Crate & Barrel, DSW, Best Buy, Target, Dick’s Sporting Goods, Barnes & Noble and The Cheesecake Factory.

This retail space in South Jersey is a highly desired end cap unit. This South Jersey retail space for lease provides excellent co-tenancy to any use, ease of access and a very committed ownership. This Southern New Jersey retail space for lease is being offered by Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm that specializes in Southern New Jersey commercial real estate listings and services.

Parking is plentiful at this retail space in South Jersey at a ratio of 5/1,000 sf. There is both monument and building signage available at this South Jersey retail building for lease.

On average, nearly 35,000 vehicles per day drive by this South Jersey retail space for lease in the 926 Plaza shopping center at 926 Haddonfield Road Cherry Hill NJ. More than 307,418 residents live within five miles of this Southern New Jersey retail space for lease. The average household income within the same radius of this retail space in South Jersey is $74,722.

For more information about this South Jersey retail space for lease in the 926 Plaza shopping center at 926 Haddonfield Road Cherry Hill NJ or about other South Jersey commercial properties for sale or lease, please contact Jason Wolf (856-857-6301; jason.wolf@wolfcre.com) or Leor Hemo (856-857-6302; leor.hemo@wolfcre.com) at Wolf Commercial Real Estate, a premier South Jersey commercial real estate broker.

Wolf Commercial Real Estate is the foremost 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.

South Jersey Retail Space Update: Retailers Struggle between Online Expansion and New Store Openings

new Jason graphic - 6-3-15Retailers in the U.S. and South Jersey retail space markets are finding themselves in a struggle to strike a balance between online expansion and new store openings to fuel future growth, a new retail market analysis concludes.

In the new world of retail marketing in the U.S., retailers concerns about how to fund their growth are running high, according to BDO USA’s ninth annual analysis of risk factors noted by the 100 largest U.S. retailers in their most recent annual reports.  This concern comes in the face of solid year-over-year industry performance, positive sales projections, strong consumer confidence and other positive economic indicators.

BDO reported that 92 percent of U.S. companies identified risks in domestic growth and expansion this year, up from 56 percent in 2013. Retailers in the U.S. and South Jersey retail space markets remain determined to steadfastly increase sales and strengthen store brands, they also understand that their customers want online shopping choices and the convenience of omnichannel platforms.

The focus of investing primarily in new store openings went by the wayside in 2008 when retailers saw their return on investment in new stores drop as more and more consumers turned to online shopping, BDO said.  As a result, retailers slated a higher level of capital expenditures for future growth through online sales, supply chain networks and systems implementations, acknowledging that these new, unproven investment strategies carried a higher degree of risk.

In this challenging new world of retail marketing, retailers are at different stages of funding omnichannel growth.

Wal Mart Stores, which operates 4,500 stores in the U.S. and 2,120 others globally, spent nearly 40% ($5.1 billion) of its fiscal year 2014 capital expenditures ($13.1 billion) on new store expansions and store relocations.  But that amount declined to $4.1 billion or about 34% for the fiscal year that ended January 31, 2015, BDO said. Meanwhile, the big box retailer’s capital investment in information systems, distribution, digital retail and other omnichannel expenses rose from $2.5 billion (20%) to $3.3 billion (27%) over the same time period.

Conversely, Macy’s Inc. — which operates 823 stores in 45 states, making it the nation’s biggest department store chain — is dealing with stumbling blocks as it introduces its new omnichannel marketing plan.

Macy’s invested about $1.1 billion in its last fiscal year primarily on new stores, store remodels, store maintenance and the continuing renovation of Macy’s Herald Square in New York, the company’s flagship store.  And new stores remain an important segment of the retail giant’s growth strategy, with plans in place to open eight new Macy’s or Bloomingdale’s stores in the next four years in Hawaii, California, Connecticut, Florida and Puerto Rico.

Macy’s reported a drop in first quarter 2015 sales, down 0.7% from a year ago to $6.232 billion, while also noting an increase in expenses, up 1.2% over the past year.  The company blamed some of the higher expenses on the ongoing launch of its major omnichannel initiatives that are meant to encourage sales growth and enhance consumers’ online, mobile and in-store shopping experiences.

Macy’s omnichannel marketing strategy remains a key corporate goal, but the company concedes the learning curve was “steeper than we had expected.”

Retailers in nationwide and South Jersey retail space markets have devoted major capital expenditures as well as significant amounts of time and energy to expand their omnichannel sales prospects.  But only 16% of retailers are able to profit from fulfilling omnichannel demand, blaming the high cost of order fulfillment for reducing margins, a new survey conducted by PwC for JDA Software finds.

Nonetheless, retailers said omnichannel fulfillment was a high or top priority and have earmarked an average 29% of this year’s total capital expenditures on expanding omnichannel fulfillment operations.

For more information about retail space in South Jersey or any South Jersey commercial properties, please contact Jason Wolf (856-857-6301; jason.wolf@wolfcre.com) or Leor Hemo (856-857-6302; leor.hemo@wolfcre.com) at Wolf Commercial Real Estate, a premier South Jersey commercial real estate broker with expertise in South Jersey retail space.

Wolf Commercial Real Estate is a South 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.

Wolf Commercial Real Estate, a South Jersey commercial real estate broker that specializes in South Jersey commercial real estate listings and services, provides unparalleled expertise in matching companies and individuals seeking retail space in South Jersey with the South Jersey commercial properties that best meets their needs.  As experts in South Jersey commercial real estate listings and services, the team at our South Jersey commercial real estate brokerage firm provides ongoing detailed information about South Jersey commercial properties to our clients and prospects to help them achieve their real estate goals.  If you are looking for retail space in South Jersey for sale or lease, Wolf Commercial Real Estate is the South Jersey commercial real estate broker you need — a strategic partner who is fully invested in your long-term growth and success.

Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

Prime South Jersey Retail Space for Lease in Willingboro

raw Avery Plaza photoWolf Commercial Real Estate, a leading Southern New Jersey commercial real estate broker with expertise in South Jersey commercial real estate listings and services, is now offering prime South Jersey retail space for lease in The Avery Plaza Willingboro NJ.

This new state-of-the-art contemporary Southern New Jersey retail space for lease is currently in the planning stages and will be located adjacent to The Avery Apartments, a vibrant community of 450 residential units developed by Robert Weiss, President of Weiss Properties.

Willingboro, where this retail space in South Jersey is located, is in the midst of a community and economic renaissance. Since the late 1990s, Willingboro has successfully encouraged development and established relationships with businesses as it creates the newest, most promising chapter in its rich and complex history.

The Avery Plaza at Route 130 and Pennypacker Drive Willingboro NJ presents a phenomenal opportunity for national and private retailers, restaurateurs and other establishments to get in on the ground floor of this brand new, highly touted Willingboro retail space for lease.  This retail space in Willingboro is being offered through Wolf Commercial Real Estate, a Southern New Jersey commercial real estate brokerage firm specializing in South Jersey commercial real estate listings and services.

Weiss Properties currently is seeking tenants interested in securing retail space in South Jersey at The Avery Plaza for the following uses:  gas, convenience, fine and/or casual dining, fast food, beauty/hair/nail salon, general merchandise, food market, daycare, and many others.

This Southern New Jersey retail space for lease will feature more than 43,000 square feet of retail space in Willingboro in six different buildings.  A total of 23,658 square feet of retail space in South Jersey with units divisible to 1,200 square feet is being offered in two buildings at The Avery Plaza Willingboro NJ.  A third South Jersey retail building for lease at Route 130 and Pennypacker Drive Willingboro NJ features a 4,500-square-foot restaurant pad facing Route 130.  Two additional forward-facing pads will each provide 2,542 square feet of South Jersey retail space for lease.  This Willingboro retail space for lease also will include a South Jersey retail building for lease with of 9,800 square feet of retail space in South Jersey earmarked for daycare and office use.

There is a liquor license available for this Southern New Jersey retail space for lease in The Avery Plaza Willingboro NJ.  This Willingboro retail space for lease will provide 357 parking spaces.  This retail space in Willingboro 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.

A daily average of more than 43,000 vehicles travel by this South Jersey retail space for lease in The Avery Plaza at Route 130 and Pennypacker Drive Willingboro NJ.  Nearly 138,000 residents live within five miles of this retail space in South Jersey.  There are nearly 53,000 households in the same five-mile radius around this Southern New Jersey retail space for lease, and the average household income in the same area is $70,061.

For more information about this South Jersey retail space for lease in The Avery Plaza at Route 130 and Pennypacker Drive Willingboro NJ or about any other South Jersey retail building for lease or South Jersey commercial properties for sale or lease, please contact Jason Wolf (856-857-6301; jason.wolf@wolfcre.com) or Leor Hemo (856-857-6302; leor.hemo@wolfcre.com) at Wolf Commercial Real Estate, a Southern New Jersey commercial real estate brokerage firm.

Wolf Commercial Real Estate is the foremost 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.

South Jersey Retail Space Kicks Off 2015 on a Positive Note

research information graphicContinuing the momentum witnessed in the fourth quarter, 2015 is off to a strong start for the South Jersey commercial real estate market, which includes South Jersey retail space and South Jersey office space, according to the latest quarterly report from Wolf Commercial Real Estate, a South Jersey commercial real estate broker that specializes in Southern New Jersey commercial real estate listings and services.

While noting that challenges persist, the firms new quarterly report said the Southern New Jersey commercial real estate market has been buoyed by strong activity in the quarter among major healthcare institutions, investors, and large tenants.

“The moves we’ve seen this quarter signal significant business expansion and job growth,” said Jason Wolf, founder and managing principal of Wolf Commercial Real Estate. “This has helped to boost commercial real estate confidence and lending conditions, leading to a more optimistic atmosphere that is expected to continue throughout 2015.”

Significant transactions already announced and/or anticipated by major players in the South Jersey commercial real estate market, which includes Southern New Jersey retail space, are highlighted in the report.  Included are Virtua’s planned relocation to 62,000 square feet of office space in autumn 2014 and the sale of two of Brandywine Realty Trust’s trophy assets to out-of-market investors. The two buildings — Libertyview and 1000 Atrium Way — totaled 221,405 square feet, and sold for an average of approximately $134/sf.

There were approximately 472,154 square feet of new leases and renewals executed in the market in the first quarter, according to the report from Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm with expertise in Southern New Jersey commercial real estate listings and services. This level translates to a 7% increase in executed transactions over the 441,141 square feet that closed in the first quarter 2014, Wolf Commercial Real Estate said.

New tenant leases amounted to approximately 186,427 square feet and renewals and expansions were approximately 285,727 square feet in the Southern New Jersey commercial real estate market, which includes South Jersey retail space.  Approximately 39.5% of all deals in the first quarter were for new leasing activity.  Overall, the first quarter’s gross absorption was in the range of approximately 255,161 square feet, the South Jersey commercial real estate broker’s report noted.  Beyond the closed deals reported, there is approximately 450,000 square feet of significant pending lease deals still pending and anticipated to close soon in the South Jersey commercial real estate market, which includes Southern New Jersey retail space.

In examining the market for retail space in South Jersey, the report noted that consumer confidence had attained its highest monthly level since the recession started.  The South Jersey commercial real estate brokerage firm said consumer confidence levels are expected to improve further into the year.

Highlights from the report’s section on Southern New Jersey retail space include:

  • Overall South Jersey retail space vacancies in the tri-county area remained in the area of  10.5%, a slight increased from the fourth quarter, but is still encouraging in comparison to recent years.
  • Class A rental rates in the market for retail space in South Jersey continue to show strong support in the range of $30.00-$40.00/sf NNN, as rents remained steady.
  • Much of the demand for retail space in South Jersey is coming from national chains, which are experiencing growth. In comparison, smaller retailers and locally based retailers are still struggling in the marketplace..

Other highlights from the section of the report on South Jersey office space were:

  • GROW NJ continues to draw companies to New Jersey.  In the first two months alone, 10 projects totaling  $84.6 million in funding were approved.
  • Overall vacancies in the local commercial real estate market continue to decline, now down to approximately 13.6 percent, an improvement over the fourth quarter 2014.
  • Average rents for Class A & B product experienced ongoing strong support in the range of $10.00-$14.00/sf NNN or $21.00-$24.00/sf gross, with an overall market average showing strong support in the $10.00-$12.00/sf NNN or $20.00-$22.00/sf gross for transactions closed in first quarter 2015. Rents remain stable.
  • All major private owners and REITS are showing moderate leasing and prospect activity in the first quarter.  As vacancies in Burlington County have tightened, the larger vacancy opportunities are shifting to Camden County, which is not controlled by these ownership entities.

The full quarterly report is available upon request from Wolf Commercial Real Estate.

For more information about Southern New Jersey retail space or any South Jersey commercial properties, please contact Jason Wolf (856-857-6301; jason.wolf@wolfcre.com), Leor Hemo (856-857-6302; leor.hemo@wolfcre.com), Christina Del Duca (856-857-6304; christina.delduca@wolfcre.com), Todd Levin (856-857-6319; todd.levin@wolfcre.com), Scott Seligman (856-857-6305; scott.seligman@wolfcre.com) or Christopher Henderson (856-857-6337; chris.henderson@wolfcre.com) at Wolf Commercial Real Estate, a South Jersey commercial real estate broker.

Wolf Commercial Real Estate is a leading South Jersey commercial real estate brokerage firm 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.

New South Jersey Retail Space for Lease in Mount Royal

121 Berkley RoadWolf Commercial Real Estate, a leading South Jersey commercial real estate brokerage firm with expertise in Southern New Jersey commercial real estate listings and services, is pleased to offer brand new South Jersey retail space for lease at 121 Berkley Road Mount Royal NJ.

This South Jersey retail building for lease is currently under construction with plans for an early spring opening.  This Southern New Jersey retail space for lease presents a phenomenal opportunity for retailers to get in on the ground floor of a new retail center that will serve a growing community in Gloucester County.

This South Jersey retail building for lease at 121 Berkley Road Mount Royal NJ features various retail spaces ranging in size from 1,967 square feet to 18,000 square feet.  This new retail space in Southern New Jersey is the ideal location for a restaurant, bar or pub, clothing boutique, fitness center, salon, yoga studio, retail outlet, and many other potential uses.

The asking rate for this new retail space in South Jersey is $15.00-$17.00 NNN.   This South Jersey retail building for lease is available for immediate occupancy.  This South Jersey retail space for lease at 121 Berkley Road Mount Royal NJ will be available when construction is completed, estimated to be early March 2015.  This Southern New Jersey retail space for lease is being offered through Wolf Commercial Real Estate, a South Jersey commercial real estate broker that specializes in Southern New Jersey commercial real estate listings and services.

This South Jersey retail building for lease is located in an area that has been approved for 120 townhomes and a senior living facility.  This new retail space in Southern New Jersey at 121 Berkley Road Mount Royal NJ will be highly visible with frontage to the townhomes being built by Ryan Homes.  There is both building and pylon signage available at this Southern New Jersey retail space for lease.

This new retail space in South Jersey is situated just one mile from I-295, providing convenient north-south access.  This South Jersey retail space for lease is located in close proximity to many amenities, including Shop Rite, restaurants, a workout facility and more.  Nearly 10,000 vehicles drive through the intersection of Berkley Road and Haines Avenue near this South Jersey retail building for lease.  Parking is abundant at this new retail space in Southern New Jersey at 121 Berkley Road Mount Royal NJ.

More than 78,000 people reside within a five-mile radius of this new retail space in South Jersey that is available 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.  The average household income in the same area near this Southern New Jersey retail space for lease is nearly $85,000.

For more information about this South Jersey retail space for lease at 121 Berkley Road Mount Royal NJ or about any other South Jersey commercial properties for sale or lease, please contact Christopher Henderson (856-857-6337; chris.henderson@wolfcre.com) or Leor Hemo (856-857-6302; leor.hemo@wolfcre.com) at Wolf Commercial Real Estate, a South Jersey commercial real estate broker.

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.

South Jersey Commercial Real Estate Market Looks Ahead to Strong 2015

research information graphicBolstered by plans for several large employers to move to Camden, NJ, as well as improvements in key indicators across the board, the South Jersey commercial real estate market ended 2014 on a high note with all signs pointing to a strong 2015, according to the fourth quarter market report from Wolf Commercial Real Estate, a leading Southern New Jersey commercial real estate broker with expertise in South Jersey commercial real estate listings and services, including South Jersey retail space.

The South Jersey commercial real estate market experienced a busy fourth quarter with deal activity up 20 percent over the third quarter 2014 and 30 percent over the fourth quarter 2013, along with a high volume of transactions that were expected to close in the early part of the new year, the market analysis said.

Burlington, Camden and Gloucester counties – the three counties surveyed for the report – had new leases and renewals totaling approximately 481,761 square feet were executed in 2014, according to the market analysis.  Positive absorption spiked, comprising approximately 222,618 square feet of total activity.

With eight major sales transactions totaling approximately $95 million in value and in excess of 1.25 million square feet, the sales market also experienced a robust fourth quarter, according to the report issued by Wolf Commercial Real Estate, a Southern New Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services.

Demand for commercial space in Camden County, particularly in the city of Camden, grew markedly in 2014 as a result of the tightening of Burlington County’s 3M markets, as well as , incentives offered under the GROW NJ initiative, the analysis said.

“Burlington and Camden have been in a horse race, with Burlington moving ahead the past few quarters, but on the strength of GROW NJ, Camden County clearly won this round,” said Jason Wolf, founder and managing principal of Wolf Commercial Real Estate, a premier Southern New Jersey commercial real estate broker with expertise in South Jersey retail space.

Four major South Jersey companies — Subaru, Holtec, Lockheed Martin, and Cooper Health – took advantage of a combined $525 million in tax incentives and announced plans to relocate corporate headquarters to the city of Camden, joining both the Philadelphia 76ers ownership organization, which had previously announced plans to build a new team headquarters and practice facility in Camden, and a new 20-acre retail center anchored by a supermarket that is planned for 2016.

Other South Jersey office space highlights in the report from Wolf Commercial Real Estate, a Southern New Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings:

  • Overall South Jersey office space vacancy rates continue to decline, and are now down to approximately 14.3%.
  • Average rents for Class A & B retail product continue to show strong support in the range of $10.00-$14.00/sf NNN or $21.00-$24.00/sf gross, with an overall market average showing strong support in the $10.00-$12.00/sf NNN or $20.00-$22.00/sf gross for the deals completed during the fourth quarter 2014.
  • Despite strides made in the city of Camden, Camden County’s vacancy rate stood at 18.8 percent, significantly higher than Burlington County’s 9.8 percent vacancy rate.
  • All of the major private owners and REITS showed moderate leasing and prospect activity for South Jersey office space in the fourth quarter – with Burlington County vacancies tightening up, many larger vacancy opportunities are also shifting toward Camden County, which is not controlled by these ownership entities.

The South Jersey retail space sector saw increased sales activity in 2014 with consumer confidence at a nearly seven-year high. Highlights from the report’s South Jersey retail space section include:

  • Overall retail vacancies in the tri-county area are hovering around 10.3%, a major improvement from the 17-18% range at year end 2012.
  • Class A retail product rental rates continue to show strong support in the range of $30.00-$40.00/sf NNN.
  • Several new retail developments are underway or have been announced for the tri-county area.

The full report on the South Jersey commercial real estate market is available upon request from Wolf Commercial Real Estate.

For more information about South Jersey retail space or any South Jersey commercial properties, please contact Jason Wolf (856-857-6301; jason.wolf@wolfcre.com), Leor Hemo (856-857-6302; leor.hemo@wolfcre.com), Christina Del Duca (856-857-6304; christina.delduca@wolfcre.com), Todd Levin (856-857-6319; todd.levin@wolfcre.com), Scott Seligman (856-857-6305; scott.seligman@wolfcre.com) or Christopher Henderson (856-857-6337; chris.henderson@wolfcre.com) at Wolf Commercial Real Estate, a Southern New Jersey commercial real estate brokerage firm.

Wolf Commercial Real Estate is a leading 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.

South Jersey Retail Space for Sale in Downtown Collingswood

646 Haddon AvenueWolf Commercial Real Estate, a leading South Jersey commercial real estate broker with expertise in Southern New Jersey commercial real estate listings and services, now has available South Jersey retail space for sale in highly desirable downtown Collingswood.

Nestled in the heart of Collingswood at 646 Haddon Avenue Collingswood NJ, this South Jersey retail building for sale is a tremendous opportunity for buyers looking to jump into the trendy and highly successful Collingswood retail and restaurant scene.  Once the long-time home of Martins Cleaners, this Southern New Jersey retail space for sale sits at the epicenter of the largest Collingswood revitalization project in generations.  This retail space in South Jersey is ideal for redevelopment into any number of retail establishments.  Among the many notable neighbors of this Collingswood retail building for sale is The Lumberyard, a brand new apartment complex with more than 100 units.

Downtown Collingswood, where this retail space in Collingswood is located, is home to dozens of trendy, popular restaurants and shops that draw thousands of potential customers from South Jersey and Philadelphia every day of the week.  In addition to its vibrant retail community and numerous special events that also attract customers, Collingswood is known for its easily walkable downtown, access to public transportation, wide range of housing types and diverse population.  This Southern New Jersey retail space for sale at 646 Haddon Avenue Collingswood NJ is being offered by 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 retail space in South Jersey features approximately 7,000 square feet of Collingswood retail space for sale directly fronting bustling Haddon Avenue.  There are two rental apartments above this South Jersey retail building for sale at 646 Haddon Avenue Collingswood NJ, making this Southern New Jersey retail space for sale an amazing investment opportunity.  One of the apartments at this Collingswood retail building for sale has 900 square feet of living space and the second offers 600 square feet of living space.

The asking sale price for this retail space in Collingswood is $925,000.  This South Jersey retail space for sale at 646 Haddon Avenue Collingswood NJ 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.

This Collingswood retail space for sale includes two parking spaces, with ample on-street parking on Haddon Avenue and its side streets.  This retail space in Collingswood is within walking distance of the PATCO High Speedline train station.  There is facade signage in place at this retail space in South Jersey.

Nearly 393,000 people live within five miles of this Collingswood retail building for sale.  The average household income within the same five-mile radius is $72,176.  More than 8,000 vehicle per day pass by the intersection of Haddon Avenue and East Knight Avenue near this Collingswood retail space for sale.

For more information about this South Jersey retail space for sale at 646 Haddon Avenue Collingswood NJ, or about any other South Jersey retail building for sale or lease or any South Jersey commercial properties for sale or lease, please contact Scott Seligman (856-857-6305; scott.seligman@wolfcre.com) or Jason Wolf (856-857-6301; jason.wolf@wolfcre.com) at Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm.

Wolf Commercial Real Estate is the leading South Jersey commercial real estate broker that specializes in 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.

Premier South Jersey Retail Space for Lease in Cherry Hill

2080 Route 70 EastWolf Commercial Real Estate, the foremost South Jersey commercial real estate broker that specializes in Southern New Jersey commercial real estate listings and services, is now offering a sublease opportunity for premier South Jersey retail space for lease at 2080 Route 70 East Cherry Hill NJ.

This Southern New Jersey retail space for lease is a highly visible, free-standing retail building that is located in a high demographic area of Cherry Hill.  This South Jersey retail building for lease has approximately 5,748 square feet of prime retail space in South Jersey.

The asking lease price for this retail space in Southern New Jersey is $14.00/sf NNN.  This South Jersey retail space for lease at 2080 Route 70 East Cherry Hill NJ is a sublease opportunity.  The lease term for this retail space in South Jersey expires May 31, 2019.  This Southern New Jersey retail space for lease is available for immediate occupancy through Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm with expertise in Southern New Jersey commercial real estate listings.

This South Jersey retail building for lease is located on busy Route 70 in Cherry Hill, providing phenomenal exposure to tens of thousands of commuters and other bypassers.  Each day, more than 45,000 vehicles pass through the intersection of Marlton Pike East and Old Marlton Pike near this retail space in Southern New Jersey.  Parking is abundant at this retail space in South Jersey.

There is excellent building and pylon signage at this South Jersey retail space for lease.  This South Jersey retail building for lease features an open floor plan with a loading and storage area.  This retail space in Southern New Jersey is being offered for lease by Wolf Commercial Real Estate, a South Jersey commercial real estate broker that specializes in Southern New Jersey commercial real estate listings and services.

The Southern New Jersey retail space for lease at 2080 Route 70 East Cherry Hill NJ is within close proximity to numerous retail shops, restaurants, lodging and medical facilities.  This retail space in Southern New Jersey also has easy access to the major highways in the area, including Route 73, I-295 and the New Jersey Turnpike.

There are excellent demographics for this South Jersey retail building for lease with nearly 199,000 residents living within five miles of this Southern New Jersey retail space for lease. The average household income in the same five-mile radius of this retail space in South Jersey is $105,908.

For more information about this South Jersey retail space for lease at 2080 Route 70 East Cherry Hill NJ or about any other South Jersey commercial properties for sale or lease, please contact Jason Wolf (856-857-6301; jason.wolf@wolfcre.com) or Leor Hemo (856-857-6302; leor.hemo@wolfcre.com) at Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm.

Wolf Commercial Real Estate is the leading South Jersey commercial real estate broker that specializes in 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.

South Jersey Commercial Real Estate Market Shifts from Recovery to Growth

research information graphicThe South Jersey commercial real estate market appears to be shifting from recovery mode to growth, according to new third quarter report issued by Wolf Commercial Real Estate, a leading South Jersey commercial real estate brokerage firm with expertise in Southern New Jersey commercial real estate listings and services.

The third quarter findings were a continuation of the mostly positive trends found in the second  quarter, the company’s report said, noting that the South Jersey commercial real estate market experienced increases in new leases and renewals, as well as further positive absorption of vacant properties, including unoccupied South Jersey retail space.

In the second quarter, Burlington, Camden, and Gloucester counties saw approximately 398,778 square feet of new leases and renewals executed for South Jersey commercial properties, including Southern New Jersey retail space.  Among the new deals and renewals in the second quarter were several major deals in sizes ranging from 6,000 to nearly 37,000 square feet.

The third quarter saw expansions and new deals for South Jersey commercial properties, including South Jersey retail space, continue to accelerate, representing 54 percent of all transactions, up 2 percent from the previous quarter.  Positive absorption for the third quarter increased more than 20 percent from the second quarter, reaching approximately 137,366 square feet.  Roughly 530,000 square feet of pending transactions were projected to close by year’s end or in early 2015.  About 300,000 square feet of the pending deals are from four transactions alone.

“The market’s fundamentals continue to strengthen, and it seems like the economy has found its footing after a prolonged period of recovery,” said Jason Wolf, founder and principal of Wolf Commercial Real Estate. “We’re still a long way off from pre-recession levels, but hiring is up, office employment is up, and businesses are showing signs of expansion, all of which bodes well for the South Jersey commercial real estate market.”

Prime 3M locations in Burlington County continued to outpace other areas of the region, and tightening in those areas is prompting demand to shift toward vacancies in Camden County, a year-long continuing trend, the report said.

The Southern New Jersey retail space market bounced back from a slow spring, the quarterly analysis found.  Highlights from the South Jersey commercial real estate market’s retail sector include:

— A rise in tourism bolstered regional retail sales figures, which helped maintain slight growth.

— The tri-county area’s overall South Jersey retail space vacancies dropped about half a point to 15.1 percent from the second quarter.  This decrease was a particularly good sign because the vacancy rate increased throughout the first half of the year.

— Rental rates for Class A Southern New Jersey retail space were effectively unchanged from several previous quarters, showing strong support in the range of $30.00-$40.00/sf NNN.

— Rental rates for Class B product in the South Jersey retail space sector also remained steady from the previous quarter, with support in the range of $15.00-$25.00/sf NNN.

Highlights in the report for South Jersey office space include:

— The third quarter vacancy rate was 14.2 percent.

— Average rental rates for South Jersey office space remained stable with Class A & B product showing strong support in the range of $10.00-$14.00/sf NNN or $21.00-$24.00/sf gross and the overall market average showing strong support in the range of $10.00-$12.00/sf NNN or $20.00-$22.00/sf gross.

— New lease activity in the third quarter increased with approximately 215,794 square feet of new deals and approximately 182,984 square feet of renewals and/or expansions.

— A clear slowdown in prospect activity reported by all major private owners and REITS was the only negative trend in the third quarter report, but this trend ma be a seasonal anomaly caused by the expected summer slowdown.

The South Jersey commercial real estate market report is based on research conducted by Wolf Commercial Real Estate, a South Jersey commercial real estate broker with expertise in Southern New Jersey commercial real estate listings and services, and includes snapshots of the markets for South Jersey office space, South Jersey medical space and South Jersey retail space, along with details on the major deals being consummated or planned.

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

For more information about South Jersey retail space or any South Jersey commercial properties, please contact Jason Wolf (856-857-6301; jason.wolf@wolfcre.com), Leor Hemo (856-857-6302; leor.hemo@wolfcre.com), Christina Del Duca (856-857-6304; christina.delduca@wolfcre.com), Todd Levin (856-857-6319; todd.levin@wolfcre.com), Scott Seligman (856-857-6305; scott.seligman@wolfcre.com) or Christopher Henderson (856-857-6337; chris.henderson@wolfcre.com) at Wolf Commercial Real Estate, a premier South Jersey commercial real estate broker.

Wolf Commercial Real Estate is the foremost 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.

Prime South Jersey Retail Space for Lease in Voorhees

200-300 White Horse RoadWolf Commercial Real Estate, the foremost 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 retail space for lease at 200-300 White Horse Road Voorhees NJ.

Located in the Echo Shoppes, this Southern New Jersey retail space for lease is in a highly visible retail shopping center on one of the most heavily traveled roads in Voorhees.  This retail space in Southern New Jersey is surrounded by established, high-density residential neighborhoods with outstanding demographics, providing a strong base of potential customers.

This retail space in South Jersey has three suites available for lease, totaling 6,385 square feet in three non-contiguous units.  Building 200 offers one suite with 2,181 square feet and a second suite with 1,404 square feet of South Jersey retail space for lease.  Building 300 of this Southern New Jersey retail space for lease features 2,800 square feet of retail space in Southern New Jersey.  This South Jersey retail building for lease in the Echo Shoppes is being offered through Wolf Commercial Real Estate, a Southern New Jersey commercial real estate broker that has unparalleled expertise in South Jersey commercial real estate listings and services.

The asking lease price for this retail space in South Jersey is $14.00 per square foot NNN.  Attractive lease terms are in place for this South Jersey retail building for lease at 200-300 White Horse Road Voorhees NJ.

A diverse mix of existing tenants, including restaurants and retails shops, now occupies the Echo Shoppes where this Southern New Jersey retail space for lease is located.  This South Jersey retail building for lease can be accessed directly from busy White Horse Road and also from the nearby White Horse Pike and Haddonfield-Berlin Road.  This retail space in Southern New Jersey is just minutes away from Routes 70, 73 and I-295.

This South Jersey retail space for lease at 200-300 White Horse Road Voorhees NJ is located around the corner from the Voorhees Town Center mall and also is close to the Flyers Skate Zone, the Woodcrest Country Club, several professional and medical offices and a regional branch of the Camden County Library.

The Echo Shoppes where this retail space in South Jersey is located is within one mile of thousands of apartment units and houses.  More than 230,000 people reside within five miles of this South Jersey retail building for lease.

Above-store signage is available at this Southern New Jersey retail space for lease that is available 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.

On average, nearly 22,000 vehicles pass by the intersection of White Horse Road and Hamilton Drive near this retail space in South Jersey.  Parking is abundant at this South Jersey retail building for lease with approximately 130 parking spaces.

For more information about this South Jersey retail space for lease in the Echo Shoppes at 200-300 White Horse Road Voorhees NJ or about any other South Jersey commercial properties for sale or lease, please contact Leor Hemo (856-857-6302; leor.hemo@wolfcre.com) or Todd Levin (856-857-6319; todd.levin@wolfcre.com) at Wolf Commercial Real Estate, a Southern New Jersey commercial real estate broker.

Wolf Commercial Real Estate is the leading 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.