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) 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) 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.

Prime South Jersey Retail Space For Lease In Cinnaminson

202 Route 130 NorthWolf Commercial Real Estate, a premier Southern New Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services, is now offering prime South Jersey retail space for lease in Cinnaminson.

Located in the Pep Boys Plaza Shopping Center at 202 Route 130 North Cinnaminson NJ, this Cinnaminson retail space for lease sits at a heavily traveled corner at Route 130 and Highland Avenue.  This Southern New Jersey retail space for lease has multiple retail units ranging from 2,000 to 7,000 square feet available for lease.

The asking lease rate for this retail space in South Jersey is $15.00/SF NNN.  This Cinnaminson retail space for lease in the Pep Boys Plaza Shopping Center 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.

Current tenants in this Southern New Jersey retail space for lease at 202 Route 130 North Cinnaminson NJ include Pep Boys, Subway, Eastern Dental, Zio’s Tuscan Grille and more.  This retail space in Cinnaminson is directly across from a retail power center, The Shoppes at Cinnaminson.  This excellent location provides this retail space in South Jersey with maximum exposure to potential customers.  Other retailers near this South Jersey retail space for lease include TD Bank, Dunkin Donuts, McDonald’s, Burlington Coat Factory, ShopRite and several  other national and regional retail chains.

There are more than 360,000 potential customers residing within five miles of this retail space in Cinnaminson in the Pep Boys Plaza Shopping Center at 202 Route 130 North Cinnaminson NJ.  This  Cinnaminson retail 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 South Jersey commercial real estate listings and services.

With a ratio of 4.08/1,000 sf, parking at this Southern New Jersey retail space for lease is plentiful.  An average of more than 55,000 vehicles per day pass through the intersection of Route 130 and Highland Avenue where this retail space in South Jersey is located.

For more information about this retail space in Cinnaminson in the Pep Boys Plaza Shopping Center at 202 Route 130 North Cinnaminson NJ, about any South Jersey retail space for lease 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 a leading South Jersey commercial real estate broker that provides a full range of South Jersey commercial real estate listings, 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 Lease In Hammonton

209-215 Bellevue AvenueWolf 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 retail space for lease at 209-215 Bellevue Avenue Hammonton NJ.

This two-story South Jersey retail building for lease is located in the downtown Hammonton business district in a historic village community.  This retail space in Hammonton is a mixed-use building that features Southern New Jersey retail space for lease on the first floor and office space for lease on the second floor.  The first floor of this Hammonton retail building for lease offers 10,176 square feet (divisible) of Hammonton retail space for lease, while the second floor provides 9,135 square feet (divisible) of office space.  This entire South Jersey retail building for lease offers up to 20,000 square feet of divisible office and retail space in Hammonton.

The asking price for this retail space in Hammonton at 209-215 Bellevue Avenue Hammonton NJ is $11.00-$12.00/sf NNN.  This South Jersey retail building for lease is available 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 Southern New Jersey retail space for lease has both building and canopy signage available.  Significant interior and exterior renovations are planned at this Hammonton retail space for lease.

This Hammonton retail building for lease is conveniently located off the Atlantic City Expressway (Exit 28) and within close proximity to Routes 30 and 206.  This South Jersey retail space for lease at 209-215 Bellevue Avenue Hammonton NJ is equidistant to Atlantic City and Philadelphia.  Parking is plentiful at this Hammonton retail space for lease at a ratio of 5/1,000 sf.  This Southern New Jersey retail space for lease is being offered by Wolf Commercial Real Estate, a South Jersey commercial real estate broker that specializes in Southern New Jersey commercial real estate listings and services.

More than 21,000 potential customers live within a five-mile radius of this Hammonton retail building for lease at 209-215 Bellevue Avenue Hammonton NJ.  The average household income of residents living within five miles of this Hammonton retail space for lease is $75,308.

For more information about this South Jersey retail space for lease at 209-215 Bellevue Avenue Hammonton 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 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 our South Jersey commercial real estate brokerage firm.

 

WCRE REPORT: NEW INVESTMENT, SMALL BUSINESS EXPANSION STRENGTHEN SOUTHERN NEW JERSEY COMMERCIAL REAL ESTATE MARKET

research information graphicJuly 8, 2014 – Marlton, NJ – The Southern New Jersey office market seems to have shifted from recovery mode toward the first steps of real growth, according to the latest analysis by Wolf Commercial Real Estate (WCRE). The firm’s quarterly market report finds a mix of mostly positive trends during the second quarter, making for an overall bullish tone in the market for 2014. The CRE market was very busy during the quarter, bouncing back from the setbacks imposed by the harsh winter to reclaim another portion of vacancy and set up a healthy pipeline of deals that are expected to close later in the year.

There were approximately 310,493 square feet of new leases and renewals executed in Burlington, Camden, and Gloucester Counties during the second quarter, including several large spaces, ranging in size from 6,000 to 44,000 square feet. Notably, expansions and new deals remained strong this quarter, representing 52 percent of all transactions. Net absorption for the quarter was approximately 112,368 sf, and prospect activity was extremely active, with a pipeline of approximately 350,000 square feet of pending deals expected to close during the third quarter.

“Vacancy rates continue to fall, and conditions in our region have improved to the point where we expect to see them fall even further,” said Jason Wolf, founder and principal of WCRE. “We’re seeing lower unemployment, including gains in office jobs, and a general boost in small business confidence, which is fueling expansion.”

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

Other office market highlights from the report:

  • Both Burlington County and Camden County saw significant decreases in vacancy this quarter, though Burlington continued to maintain a markedly lower vacancy rate than Camden, at 9.1 percent compared with Camden’s 18.1 percent.
  • 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 $10.00-$12.00/sf NNN or $20.00-$22.00/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 161,316 square feet of new deals and/or expansions and approximately 149,177 square feet of renewals.
  • All of the major private owners and REITS showed a significant increase in prospect activity for the quarter, and all continue to remain cautiously optimistic for 2014.

WCRE also reported on the local retail market, where the news is quite bright for Center City Philadelphia, but less so for Southern New Jersey. Highlights from the retail section of the report include:

  • Several major retailers are moving into large Center City spaces, including Nordstrom Rack, Forever 21, and American Eagle Outfitters.
  • Southern New Jersey welcomed a new Whole Foods and saw a new outlet center break ground in Deptford, but there are some troubled centers amid those still experiencing growth.
  • Overall retail vacancy in the tri-county area is at 15.7%, up for the second straight quarter.
  • 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, which is also unchanged.

The full report is available upon request. 

About WCRE

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.com,www.southjerseyretailspace.com, and www.southjerseymedicalspace.com.

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Premier South Jersey Retail Space For Lease In Marlton

27 North Maple Ave with overlay and headlineWolf Commercial Real Estate, a leading South Jersey commercial real estate brokerage firm that specializes in Southern New Jersey commercial real estate listings and services, now has available premier South Jersey retail space for lease in the Allison Shopping Center at 27 North Maple Avenue Marlton NJ.

Major exterior renovations are now underway at this South Jersey retail building for lease, including a new facade for the shopping center, the addition of a corner tower and new signage for each retail outlet.  This retail space in South Jersey is ideal for a variety of retail outlets or medical space uses.

There is between 1,600 and 6,620 square feet of contiguous storefront space available in this South Jersey retail building for lease.  The end cap unit that formerly housed a WaWa convenience store is included in this Southern New Jersey retail space for lease 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 space for lease at 27 North Maple Avenue Marlton NJ has a number of long-standing tenants in place, including a pizzeria, a florist and a beauty salon.  The asking lease rate for this Southern New Jersey retail space for lease is $13.00 per square foot NNN.   This South Jersey retail building for lease for lease is available for immediate occupancy.

The Allison Shopping Center where this retail space in South Jersey is located is a neighborhood shopping center that sits amid several densely populated neighborhoods.  Nearly 85,000 potential customers live within a three-mile radius of this Southern New Jersey retail 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 South Jersey retail space for lease is situated along heavily traveled Maple Avenue near the intersection of Route 70 (the Marlton Pike), just minutes from downtown Marlton.  There is convenient access to both Route 70 and to Route 73, just one block west, from this retail space in South Jersey.  Parking is abundant at this South Jersey retail building for lease at a ratio of 6.5/1000 sf.  Each day, an average of nearly 18,000 vehicles pass by the Allison Shopping Center at 27 North Maple Avenue Marlton NJ.  Both pylon and above-store signage is available at this Southern New Jersey retail space for lease.

For more information about this retail space in South Jersey in the Allison Shopping Center at 27 North Maple Avenue 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 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.