South Jersey Medical Space For Sale or Lease in Cherry Hill NJ

3001 Chapel Avenue WestWolf Commercial Real Estate, a leading Southern New Jersey commercial real estate broker with expertise in South Jersey commercial real estate listings and services, now is offering highly visible South Jersey medical space for sale or lease at 3001 Chapel Avenue West Cherry Hill NJ.

Located in the heart of Cherry Hill, this free-standing South Jersey medical office building for sale or lease has Southern New Jersey medical space for sale or lease on two floors.  There is 4,900 square feet of medical space in South Jersey available on the first floor and another 1,300 square feet on the second floor of this South Jersey medical office building for sale or lease.

The asking lease price for this medical office space in South Jersey at 3001 Chapel Avenue West Cherry Hill NJ is $16.00 sf/gross plus utilities and janitorial.  For information on the asking sale price of this medical space in South Jersey, please contact Wolf Commercial Real Estate, a Southern New Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services.

This South Jersey medical office space for sale or lease is located within close proximity to Kennedy University Hospital – Cherry Hill on Chapel Avenue West at Cooper Landing Road.  Located on cherry tree-lined Chapel Avenue, this Southern New Jersey medical space for sale or lease has convenient access to Route 70, Route 73, Route 38, I-295, the New Jersey Turnpike and Kings Highway.

This medical office space in South Jersey at 3001 Chapel Avenue West Cherry Hill NJ features elevator service for its two stories.  There is both monument and building signage available at this South Jersey medical office space for sale or lease.  This South Jersey medical space for sale or lease is the perfect fit for any professional or medical user in the market for medical space in South Jersey that has excellent visibility, ample parking and nearby access to medical facilities, restaurants, banks and retail shops.

This Southern New Jersey medical space for sale or lease 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.

More than 274,200 people reside within five miles of this South Jersey medical office building for sale or lease at 3001 Chapel Avenue West Cherry Hill NJ.  Parking is abundant at this South Jersey medical office space for sale or lease at a ratio of 4.50/1,000 sf.  On average, more than 26,000 vehicles pass this medical office space in South Jersey on a daily basis.

For more information about this South Jersey medical space for sale or lease at 3001 Chapel Avenue West Cherry Hill NJ, about any South Jersey medical office building for sale or lease or about any 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 with expertise 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

999 Route 73Wolf Commercial Real Estate, a premier Southern New Jersey commercial real estate broker that specializes in South Jersey commercial real estate listings and services now has available Class “A” South Jersey medical space for lease at 999 Route 73 Marlton NJ.

This Southern New Jersey medical space for lease features 2,352 of rentable square feet of professional medical space in South Jersey.  This South Jersey medical office space for lease is the last space available at this location, which also houses the Rothman Institute.

The asking lease price for this professional medical space in Southern New Jersey at 999 Route 73 Marlton NJ is $15.00 sf, NNN.  This South Jersey medical space for lease is available for immediate occupancy through Wolf Commercial Real Estate, a Southern New Jersey commercial real estate brokerage firm with expertise in South Jersey commercial real estate listings and services.

Significant interior and exterior capital upgrades were recently completed at this Southern New Jersey medical space for lease at 999 Route 73 Marlton NJ.  This professional medical space in South Jersey has strong ownership and management in place.

This professional medical space in Southern New Jersey is located on a highly visible corner property at the landmark intersection of Route 73 and Greentree Road.  This excellent location provides immediate access to Routes 73, 70, I-295 and the New Jersey Turnpike from this professional medical space in South Jersey.  This South Jersey medical office space for lease at 999 Route 73 Marlton NJ is located directly across the street from the busy Greentree Shopping Center.  This Southern New Jersey medical space for lease is being offered by 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 Southern New Jersey medical space for lease with a ratio of 4.5/1000.  On average, more than 46,000 vehicles per day pass by this professional medical space in Southern New Jersey.  Nearly 78,000 people reside within three miles of this South Jersey medical office space for lease.

For more information about this South Jersey medical space for lease 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 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 the team at our Southern New Jersey commercial real estate brokerage firm.

South Jersey Commercial Real Estate Market Transitions from Recovery to Growth

research information graphicThe South Jersey commercial real estate market appears to be moving from recovery to growth, according to the latest quarterly market analysis from Wolf Commercial Real Estate, a premier Southern New Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services.

Trends in the Southern New Jersey commercial real estate market in the third quarter were mostly positive, the company’s third quarter report said, a continuation of positive trends noted in the previous quarter.  These positive trends include increases in new leases and renewals and further positive absorption of vacant properties, including unoccupied South Jersey medical space.

New leases and renewals totaling approximately 398,778 square feet of Southern New Jersey office space and Southern New Jersey medical space were executed in Burlington, Camden, and Gloucester counties in the second quarter.  These new deals and renewals including several significant spaces, ranging in size from 6,000 to almost 37,000 square feet.  Expansions and new deals for South Jersey office space, including South Jersey medical space, continued to increase in the third quarter, representing 54 percent of all transactions, a 2 percent hike from the second quarter.  Positive absorption for the third quarter was about 137,366 square feet, up more than 20 percent from the previous quarter.  Finally, another estimated 530,000 square feet of deals were expected to close by December 31 or in early 2015.  Four of these anticipated transactions alone totaled about 300,000 square feet.

“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.”

Wolf’s third quarter analysis noted that Burlington County’s prime 3M locations again outpaced the rest of the region, and that the tightening in those areas is causing demand to build for vacancies for Southern New Jersey office space and Southern New Jersey medical space in Camden County, a trend that has been ongoing all year.

Other highlights from the report for the South Jersey office space market, which includes South Jersey medical space, were:

— The vacancy rate for Southern New Jersey office space and Southern New Jersey medical space was 14.2 percent in the third quarter.

— Average rents for South Jersey office space, which includes South Jersey medical space, were unchanged from third quarter 2014.  Class A & B product saw strong support in the range of $10.00-$14.00/sf NNN or $21.00-$24.00/sf gross while the overall market average showed strong support in the range of $10.00-$12.00/sf NNN or $20.00-$22.00/sf gross.

— New lease activity for Southern New Jersey office space and Southern New Jersey medical space rose in the third quarter with approximately 215,794 square feet of new deals and approximately 182,984 square feet of renewals and/or expansions.

— The only hiccup in the third quarter report came from major private owners and REITS, all of whom reported a noticeable slowdown in prospect activity in 2014’s third quarter.  The slowdown is likely attributed to an expected seasonal slowdown in the summer months.

The South Jersey retail space market enjoyed a bounce back from a slow spring, according to the quarterly report from Wolf Commercial Real Estate.  Highlights in the Southern New Jersey commercial real estate market’s retail area include:

— A bump in tourism bolstered regional retail sales figures, allowing for slight but continued growth.

— Overall retail vacancies in the tri-county area were 15.1 percent, a decrease of about half a point from the previous quarter.  This is a particularly good sign since the vacancy rate had been rising during the first half of 2014.

— Rental rates for Class A South Jersey retail space showed strong support in the $30.00-$40.00/sf NNN range, basically unchanged from the previous several quarters.

— Class B product rental rates also remained stable with support in the $15.00-$25.00/sf NNN range.

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

The full report is available upon request from Wolf Commercial Real Estate, a Southern New Jersey commercial real estate brokerage firm that has extensive expertise 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), Scott Seligman (856-857-6305; scott.seligman@wolfcre.com) or Christopher Henderson (856-857-6337; chris.henderson@wolfcre.com) at Wolf Commercial Real Estate, the foremost Southern New Jersey commercial real estate broker.

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.

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

999 Route 73Wolf 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 Class “A” South Jersey medical space for lease at 999 Route 73 Marlton NJ.

Only one unit remains in this well-located South Jersey medical building for lease.  The vacant unit in this Southern New Jersey medicalspace for lease offers 2,352 square feet of medical office space in South Jersey.  The Rothman Institute also maintains tenancy in this South Jersey medical building for lease.  This South Jersey medical office space for lease 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. The asking lease price for this South Jersey medical space for lease is $15.00 sf, NNN.

Parking is abundant at this South Jersey medical building for lease at 999 Route 73 Marlton NJ, with a ratio of 4.5/1000.  This Southern New Jersey medicalspace for lease is located directly across the street from the popular Greentree Plaza Shopping Center.

There have been recent, significant interior and exterior capital upgrades at this medical office space in South Jersey 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.  This South Jersey medical office space for lease at 999 Route 73 Marlton NJ features strong ownership and management in place. This Southern New Jersey medicalspace for lease sits on a well-located, highly visible corner property at a major South Jersey intersection.  This medical office space in South Jersey has immediate access to Routes 73, 70, I-295 and the New Jersey Turnpike.

On a daily basis, more than 46,000 vehicles travel by this South Jersey medical office space for lease at 999 Route 73 Marlton NJ.  There are nearly 78,000 people residing within three miles of this Southern New Jerseymedicalspace for lease.

For more information about this South Jersey medical space for lease 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 Southern New Jersey commercial real estate broker.

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.

Prime South Jersey Medical Space For Lease In Voorhees NJ

2401 Evesham RoadWolf Commercial Real Estate, a premier South Jersey commercial real estate brokerage firm that specializes in Southern New Jersey commercial real estate listings and services, now has available prime South Jersey medical space for lease at 2401 Evesham Road Voorhees NJ.

Located on Evesham Road, this South Jersey medical office space for lease is a well-maintained professional South Jersey medical office building.  There are several other medical tenants in place in this South Jersey medical office building for lease.

The suite in this medical space in South Jersey has 1,617 square feet of premier Southern New Jersey medical space for lease.  The asking lease price for this medical office space in South Jerseyis $18.00 sf/NNN.  This South Jersey medical office space for lease at 2401 Evesham Road Voorhees 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 medical office space in South Jersey is surrounded by some of South Jersey’s most prestigious health care providers.  This South Jerseymedical office space for lease is adjacent to the Delaware Valley Urology Voorhees campus and across from the Health and Wellness Campus of Virtua Health System.  Other tenants in this South Jersey medical office building for lease include LabCorp and Garden State OB/GYN.  This Southern New Jersey medical space for lease was awarded the prestigious LEED certification for energy efficiency and environmental design at the Gold level in 2012.

Located at the intersection of Evesham and Cooper Roads, this medical office space in South Jersey is conveniently near Route 70, Route 73 and I-295.  More than 70,000 people live within three miles of this medical 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.

Parking is plentiful at this South Jersey medical office building for lease, with a ratio of  5.75/1000 sf.  Nearly 23,000 vehicles per day pass this Southern New Jersey medical space for lease at 2401 Evesham Road Voorhees NJ.

For more information about this South Jersey medical space for lease at 2401 Evesham Road Voorhees NJ, about other  medical space in South Jersey or about any 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 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.

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.com, www.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.