South Jersey Office Space For Lease

This premier “Class A” South Jersey office space at 999 Route 73 in Marlton, NJ, now is available for lease from Wolf Commercial Real Estate (WCRE).

This South Jersey office space for lease is available in divisible units of from 2,000 sf to 15,000 sf and is available for immediate occupancy.  The asking lease price for this South Jersey office space is $15.00 sf, NNN.

There is abundant parking at this South Jersey office space for lease at 999 Route 73, Marlton, NJ, at 4.5/1000.  This South Jersey office space is located directly across the street from the Greentree Shopping Center.

There has been significant interior and exterior capital upgrades recently completed at this South Jersey office space for lease and it has strong ownership and management in place. This South Jersey office space is a highly visible corner property at a landmark intersection and provides immediate access to Routes 73, 70, I-295 and the New Jersey Turnpike.

An average of more than 46,000 vehicles a day drive by this Marlton NJ office space for lease at 999 Route 73 and nearly 78,000 residents live within a three-mile radius of this South Jersey office space.

For more information about this South Jersey office space for lease at 999 Route 73 or other office or retail properties for sale or lease in Marlton, Southern New Jersey and the Philadelphia region, contact either Jason Wolf (856-857-6301; jason.wolf@wolfcre.com) or Leor Hemo (856-857-6302; leor.hemo@wolfcre.com) at Wolf Commercial Real Estate.

Wolf Commercial Real Estate (WCRE) is a full-service Southern New Jersey and Philadelphia region commercial real estate brokerage and advisory firm specializing in Southern New Jersey and Philadelphia commercial offices, retail properties and buildings for buyers, tenants, investors and sellers. Please click the links below for listings of Southern New Jersey commercial real estate for lease or purchase or for information about retail or office space for sale or lease.

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South Jersey Office Market Sees Slow Third Quarter

While cautious optimism was the tone of the second quarter in the local commercial real estate market, the third quarter was more about caution than optimism, Wolf Commercial Real Estate said in its latest quarterly analysis of Southern New Jersey, published this week. But those expecting better news can take solace in the fact that the firm found many positive trends, and even some of the bad news was either cyclical or expected.

WCRE’s research, which includes snapshots of the office and retail markets, finds several positive indicators that kept the South Jersey office market active in the third quarter, just not with the same velocity it had in the second quarter. These include increased deal activity among large corporations – several of which were seeking new headquarters in the region, interest rates remaining near historic lows, and all REITs in the market performing better than in the previous quarter. This good news was tempered by factors that are causing some businesses and investors to stay on the sidelines a while longer.

“This extended period of very low interest rates coupled with low rental rates continues to encourage activity, but world events such as the slow recovery of the U.S. economy, the ongoing European financial crisis, and fears about what some are calling a “fiscal cliff” of tax increases and government spending cuts set for early next year will continue to influence the timing of real estate decisions,” said Jason Wolf, founder and principal of WCRE.

“A slower summer period is the norm in commercial real estate, as is the practice of businesses holding off on major investments and other decisions shortly before a presidential election,” Wolf said. “I believe we will see the market improve due to pent-up demand once we move past these cyclical events.”  

According to the WCRE office report, there were about 300,000sf in renewals and new lease transactions in Southern New Jersey during the quarter, with renewals comprising most of the transactions. This is down from more than 450,000sf in the second quarter.

Other office market highlights from the report:

  • Average rents for Class A & B product in the South Jersey office market remained at the improved level they reached in the second quarter, continuing to show strong support in the range of $10-$14.00/sf NNN with an overall market average of $11.00/sf NNN for the deals completed during the third quarter.
  • Positive absorption for the third quarter was in the range of 106,000+/-sf of new deals and/or expansions. This represents a 15 percent decrease from the volume of positive absorption in the second quarter.
  • Moorestown, Marlton and Mount Laurel continue to show strength in the South Jersey office market, while a large share of the region’s vacancies remain in Voorhees, Pennsauken, and the west side of Cherry Hill.
  • There are several large office buildings and portfolio sales, along with other large transactions pending that are expected to close during the fourth quarter.
  • Tenants continue to take advantage of low rental rates and are securing long-term lease commitments. The pattern of this flight to quality – upgrading to better locations and spaces – is expected to continue.

Retail market highlights from the report include:

  • Overall retail space vacancy is still hovering in the 17-18% range, but the market has stabilized, and prime retail locations have very little vacancy.
  • Average rents for Class A retail product continue to show strong support in the range of $30-$40.00/sf NNN. Class B product shows support in the range of $15-$23/sf NNN.
  • Just as office tenants are doing, retailers are continuing to make the most of low interest rates and low rental rates to focus on quality and prime location.

The full report is available upon request.

WCRE is a full-service commercial real estate advisory firm specializing in office, retail, industrial and investment properties. We provide a complete range of real estate services to commercial property owners, companies, 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 and www.southjerseyretailspace.com.

South Jersey Office Spaces

These premier South Jersey office spaces at 1173 East Landis Avenue in Vineland, NJ now are available for lease from Wolf Commercial Real Estate (WCRE).

This South Jersey office space is comprised of two units at 1173 East Landis Avenue.  One suite is 2,050 sf and the other unit is 2,700 sf.  These South Jersey office spaces for lease are available for immediate occupancy and are divisible into a minimum of 1,000 sf.

The asking lease price for these South Jersey office spaces is $16.00 sf, full service.  There is abundant parking at this South Jersey office space for lease at 1173 East Landis Avenue, Vineland, NJ.

These South Jersey office spaces are located at the intersection of Landis Avenue and Main Avenue in the heart of the Vineland business district.  This South Jersey office space is within walking distance to retail, restaurants and other professional users.

An average of more than 11,000 vehicles a day drive by these South Jersey office spaces for lease at 1173 East Landis Avenue and more than 49,000 residents live within a three-mile radius of this South Jersey office space for lease.

For more information about these South Jersey office spaces at 1173 East Landis Avenue or other office or retail properties for sale or lease in Vineland, Southern New Jersey and the Philadelphia region, contact either Jason Wolf (856-857-6301; jason.wolf@wolfcre.com) or Leor Hemo (856-857-6302; leor.hemo@wolfcre.com) at Wolf Commercial Real Estate.

Wolf Commercial Real Estate (WCRE) is a full-service Southern New Jersey and Philadelphia region commercial real estate brokerage and advisory firm specializing in Southern New Jersey and Philadelphia commercial offices, retail properties and buildings for buyers, tenants, investors and sellers. Please click the links below for listings of South Jersey commercial real estate for lease or purchase or for New Jersey office space for lease or any other information about retail or office space for sale or lease.

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Southern New Jersey Medical/Professional Space For Sale Or Lease

This premier Southern New Jersey medical/professional space at 1910 East Route 70 in Cherry Hill is now available for sale or lease from Wolf Commercial Real Estate (WCRE).

This South Jersey office space is located in Unit 3 at 1910 East Route 70 and is 1,480 sf with an adjacent 780 sf contiguous suite available. This South Jersey medical and professional office space is available for immediate occupancy.

The asking sale price for this Southern New Jersey medical/professional space is $235,000 and the asking lease price is $18.00 sf/ gross plus utilities and janitorial.  There is abundant parking at this South Jersey office space at 8/1,000 sf.

This Southern New Jersey medical/professional space at 1910 East Route 70 is a fully finished medical office suite fit-out with exam rooms, waiting room, billing area and private offices. This South Jersey office space is located in a garden-like professional campus setting.

In addition, this Southern New Jersey medical/professional space is located at the intersection of Route 70 and SpringdaleRoad in Cherry Hill and offers immediate access to Routes 38, 73 and I-295.  The South Jersey office space for sale or lease is within minutes of the Virtua, Lourdes, Kennedy, Cooper and UMDNJ health system facilities.

An average of more than 54,000 vehicles a day drive by this Southern New Jersey medical/professional space at 1910 East Route 70 and there are nearly 55,000 residents living within a three-mile radius of this South Jersey office space.

For more information about this Southern New Jerseymedical/professional space at 1910 East Route 70 or other office or retail properties for sale or lease in Cherry Hill, Southern New Jersey and the Philadelphia region, contact either Jason Wolf (856-857-6301; jason.wolf@wolfcre.com) or Leor Hemo (856-857-6302; leor.hemo@wolfcre.com) at Wolf Commercial Real Estate.

Wolf Commercial Real Estate (WCRE) is a full-service Southern New Jersey and Philadelphia region commercial real estate brokerage and advisory firm specializing in Southern New Jersey and Philadelphia commercial offices, retail properties and buildings for buyers, tenants, investors and sellers. Please click the links below for listings of South Jersey commercial real estate for lease or purchase or for information about retail or office space for sale or lease.

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Southern New Jersey Office Space For Lease

This premier Southern New Jersey office space for lease at 600 Cuthbert Boulevard in Westmont, New Jersey is now available for lease from Wolf Commercial Real Estate (WCRE).

This South Jersey office space located in a full service mid-rise office building at 600 Cuthbert Boulevard, is available in three configurations: 9,868 sf on the first floor, 8,615 sf on the second floor and an additional 9,800 sf on the third floor for potential expansion.

There is strong ownership and on-site management at this Southern New Jersey office space for lease.  The asking lease rate for this South Jersey office space for lease is $16.00 per square foot Full Service and the space is available for immediate occupancy.

This Southern New Jersey office space is adjacent to the Westmont Plaza Shopping Center as well as to several restaurants and banks.  There is close proximity to the PATCO High Speed Line and Cuthbert Boulevard offers easy access to Routes 38, 70 and 130 as well as to all bridges to Philadelphia.

An average of nearly 30,000 vehicles a day drive by this South Jersey office space at 600 Cuthbert Boulevard and there are more than 140,000 residents living within a three-mile radius of this Southern New Jersey office space for lease.

For more information about this South Jersey commercial real estate at 600 Cuthbert Boulevard or other office or retail properties for sale or lease in Westmont, Southern New Jersey and the Philadelphia region, contact either Jason Wolf (856-857-6301; jason.wolf@wolfcre.com) or Leor Hemo (856-857-6302; leor.hemo@wolfcre.com) at Wolf Commercial Real Estate.

Wolf Commercial Real Estate (WCRE) is a full-service Southern New Jersey and Philadelphia region commercial real estate brokerage and advisory firm specializing in Southern New Jersey and Philadelphia commercial offices, retail properties and buildings for buyers, tenants, investors and sellers.  Please click the links below for listings on South Jersey office space for lease or purchase or for information about retail sales or leases.

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Southern New Jersey Medical Office Space For Lease

This premier Southern New Jersey medical office space for lease at 63 Kresson Road in Cherry Hill is now available for lease from Wolf Commercial Real Estate (WCRE).

This South Jersey premier fully fit out medical office space has 2,900 square feet available for lease and the asking lease rate for this Southern New Jersey office space for lease is $14 per square foot NNN and this unit is available for immediate occupancy.

Join Lourdes Health System in this fully fit-out medical/professional South Jersey office space at 63 Kresson Road that borders neighboring Haddonfield.  Parking is abundant (5/1000sf) at this well-located Southern New Jersey office space that is located near the intersection Kresson Road and Brace Road in Cherry Hill and offers easy access to nearby Route 70 and Haddonfield Berlin Road.

An average of more than 21,000 vehicles a day drive by this South Jersey office space at 63 Kresson Road and there are nearly 102,000 residents living within a three-mile radius of this Souhern New Jersey office space for lease.

For more information about this South Jersey office space at 63 Kresson Road or other office or retail properties for sale or lease in Cherry Hill, Southern New Jersey and the Philadelphia region, contact either Jason Wolf (856-857-6301; jason.wolf@wolfcre.com) or Leor Hemo (856-857-6302; leor.hemo@wolfcre.com) at Wolf Commercial Real Estate.

Wolf Commercial Real Estate (WCRE) is a full-service Southern New Jersey and Philadelphia region commercial real estate brokerage and advisory firm specializing in Southern New Jersey and Philadelphia commercial offices, retail properties and buildings for buyers, tenants, investors and sellers.  Please click the links below for listings on South Jersey office space for lease or purchase or for information about retail sales or leases.

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South Jersey Offices For Sale Or Lease

This nearly 13,000-square-foot premier South Jersey office space at 1 Allison Drive in Cherry Hill is now available for sale or lease from Wolf Commercial Real Estate (WCRE).

These commercial South Jersey offices for sale or lease has an asking price of $1.275 million or an asking lease rate of $10 per square foot NNN and are available for immediate occupancy.

Parking is abundant at this South Jersey office space, which is located along one of the main business corridors of Cherry Hill off Marlkress Road.  There’s excellent access from these South Jersey offices for sale or lease to Route 70, Route 73, Interstate 295 and the New Jersey Turnpike, as well as to public transportation. This Cherry Hill office property is located directly across the street from the Cherry Hill Post Office.

An average of nearly 89,000 vehicles a day travel through the nearby major intersection of Marlkress Road and the Marlton Pike next to this South Jersey office space.  There are more than 76,000 potential customers and employees living within a three-mile radius of at 1 Allison Drive in Cherry Hill.

For more information about these South Jersey offices for sale or lease in Cherry Hill or Southern New Jersey and Philadelphia regions, contact either Jason Wolf (856-857-6301; jason.wolf@wolfcre.com) or Leor Hemo (856-857-6302; leor.hemo@wolfcre.com) at Wolf Commercial Real Estate.

Wolf Commercial Real Estate is a full-service Southern New Jersey and Philadelphia region commercial real estate brokerage and advisory firm specializing in South Jersey commercial offices and buildings for buyers, tenants, investors and sellers.  Please click the links below for listings on South Jersey office space for lease or purchase or for information about retail sales or leases.

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South Jersey Offices for Rent

Two medical/professional suites at 127 Church Road in Marlton are the newest South Jersey offices for rent now available from Wolf Commercial Real Estate.

The two suites that are ready for immediate occupancy in this medical South Jersey office space are the 1,714-square-foot Suite 100 and the 1,346-square-foot Suite 600.  The asking lease price for these South Jersey offices for rent is $20/sf gross plus utilities and janitorial for Suite 100 and $17/sf gross plus utilities and janitorial for Suite 600.

These recently constructed South Jersey offices for lease at 127 Church Road in Marlton offer easy access to both Route 73 and Greentree Road.  Located in the Evesboro section of Evesham Township, this South Jersey office space available for lease is in close proximity to Mount Laurel, Medford and Cherry Hill.

Your fellow tenants in these medical South Jersey offices for rent in Marlton will be a pediatrician, dermatologist, OB-GYN, dentist, urologist and a podiatrist.  Your customers will find more than enough parking with 6/1,000 sf available spaces at this South Jersey office space for lease.

An average of 18,000 vehicles a day pass through the North Maple Avenue intersection near this South Jersey office space at 127 Church Road in Marlton and there are nearly 64,000 potential medical/professional customers living within a three-mile radius.

For more information about these South Jersey offices for rent in Marlton, contact either Jason Wolf (856-857-6301; jason.wolf@wolfcre.com) or Leor Hemo (856-857-6302; leor.hemo@wolfcre.com) at Wolf Commercial Real Estate.

Wolf Commercial Real Estate is a full service commercial real estate brokerage and advisory firm specializing in South Jersey commercial offices and buildings for buyers, tenants, investors and sellers throughout the Southern New Jersey area. Please click the links below for listings on South Jersey office space for rent or purchase or for information about retail sales or leases.

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South Jersey Professional, Medical Office Space

Here’s a great office leasing opportunity from Wolf Commercial Real Estate for newly renovated South Jersey professional, medical office space available in West Deptford.

This South Jersey office space, at 875 Kings Highway, is available for immediate occupancy at an asking lease rate of $15.00/sf NNN.  You can lease anywhere from 1,000 to 9,000 square feet of this first-floor South Jersey professional, medical office space.

The large parking lot and common areas of this South Jersey office building for lease have been completely renovated and there are other significant improvements taking place at this South Jersey professional, medical office space, on both the interior and exterior of this commercial office building.

Nearly 12,000 vehicles a day travel through the Kings Highway and Jessup Road intersection near this South Jersey office space and there are more than 62,000 residents within a three-mile radius.

This available South Jersey professional, medical office space for lease is located directly across from the Westwood Golf Club and is within close proximity to both Underwood Memorial Hospital and the Gloucester County Courthouse.  In addition, this South Jersey office space for lease offers easy access to the New Jersey Turnpike, Interstate 295 and state Route 45.

For more information about this South Jersey professional, medical office space for lease at 875 Kings Highway, contact either Jason Wolf (856-857-6301; jason.wolf@wolfcre.com) or Leor Hemo (856-857-6302; leor.hemo@wolfcre.com) at Wolf Commercial Real Estate.

Wolf Commercial Real Estate is a full service commercial real estate brokerage and advisory firm specializing in South Jersey commercial offices and buildings for buyers, tenants, investors and sellers throughout the South Jersey area. Please click the links below for listings on both South Jersey office space for lease or purchase or for information about retail sales or leases.

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South Jersey Office Space for Lease

Wolf Commercial Real Estate has a new listing for prime South Jersey office space that’s immediately available for lease and occupancy at 712 Haddonfield Road in Cherry Hill.

These 1,250-square-foot, first-floor South Jersey offices for lease are perfect for either medical or general office use.  This South Jersey office space has an asking lease rate of $18.00/sf gross, plus utilities and janitorial services.

With an average daily traffic count on Haddonfield Road of just under 30,000 vehicles a day, these South Jersey offices for lease sit in the middle of a three-mile population radius of more than 135,000 potential customers.

This South Jersey office space is directly across from the power retail center on the site of the former Garden State Race Track.  There is convenient, immediate access from these South Jersey offices for lease to Routes 70 and 38 as well as to Kennedy Hospital-Cherry Hill and both the Lourdes and Cooper health systems in nearby Camden.

For more information about these South Jersey offices for lease at 712 Haddonfield Road, contact either Jason Wolf (856-857-6301; jason.wolf@wolfcre.com) or Leor Hemo (856-857-6302; leor.hemo@wolfcre.com) at Wolf Commercial Real Estate.

Wolf Commercial Real Estate specializes in representing South Jersey office space for buyers and sellers throughout the area.  Please click the links below for listings on both South Jersey offices for lease or purchase or for information about retail sales or leases.

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