WCRE Appointed Exclusive Leasing Agent for Somerset Properties’ Southern New Jersey Office Buildings in Mount Laurel and Marlton.

Somerset Properties - 7-19-13Wolf Commercial Real Estate (WCRE), a leading Southern New Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings, has been appointed executive leasing agent by Somerset Properties for its extensive portfolio of Southern New Jersey office properties.

Somerset Properties’ portfolio is comprised of approximately 307,000 square feet of Class ‘A’ Southern New Jersey office space for lease in Mount Laurel and Marlton, Burlington County, New Jersey.  The WCRE team of Jason Wolf, Leor Hemo and Christina Del Duca will oversee the leasing of this prime South Jersey office space for Somerset.

There are four highly desirable South Jersey office buildings now available for lease through Wolf Commercial Real Estate, a South Jersey commercial real estate broker.

Property Highlights:

3000 Atrium Way, Mount Laurel, NJ

This 110,240 square foot, multi-tenanted South Jersey office building is located in the Horizon Corporate Center at 3000 Atrium Way in Mount Laurel.  This Southern New Jersey professional office space for lease is in a five-story office building in the heart Mount Laurel, with access to many of the main arteries that service Burlington County, including Route 73, I-295, and the New Jersey Turnpike. There are many shopping centers and restaurants in the immediate area of this Mount Laurel office space for lease. Amenities at the South Jersey office space for lease include an on-site deli.  There is ample parking at this Mount Laurel office space for lease, with a 4/1,000 parking ratio.

WCRE has been retained to market the remaining vacant spaces in this Mount Laurel office building for lease at 3000 Atrium Way in Mount Laurel.  There are suites available is sizes ranging from 1,746 to 7,122 square feet in this professional office space in 08054.  This South Jersey professional 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  Mount Laurel commercial real estate listings. The asking lease price for this Southern New Jersey office space is $11.50 sf/ NNN.

2000 Crawford Place, Mount Laurel, NJ

This 74,013 square foot, multi-tenanted South Jersey industrial and flex building in the Horizon Corporate Center is an affordable option in the heart of Mount Laurel.  Suites in this South Jersey industrial space for lease are available for immediate occupancy through Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm.

This Southern New Jersey industrial and flex building at 2000 Crawford Place in Mount Laurel offers direct access to Route 73 and is a short distance to both I-295 and the New Jersey Turnpike. There are many shopping centers close to this South Jersey industrial space for lease, including the Greentree Square Shopping Center and the Moorestown Mall.  There are also many restaurants in close proximity to this Mount Laurel industrial space for lease.

WCRE, a Southern New Jersey commercial real estate brokerage firm that specializes in Mount Laurel commercial real estate listings, has been retained to market the remaining vacant spaces of this Southern New Jersey industrial and flex building.  Suites in this Southern New Jersey industrial space for lease range in size from 3,390 to 10,000 square feet.  This Mount Laurel industrial space for lease also has a 4/1,000 sf parking ratio.  The asking lease price of this South Jersey industrial and flex building at 2000 Crawford Place in Mount Laurel is $10.00/sf NNN for office.  The asking lease price for warehouse space in this Southern New Jersey industrial space for lease is $6.00/sf NNN.

701A Route 73 South Marlton, NJ

This 94,521 square foot, multi-tenanted Marlton office building for lease is located in the Marlton Executive Park, in South Jersey’s fast-growing corporate corridor.  Having been awarded an Energy Star label in 2011 for its operating efficiency, this four-story South Jersey office building for lease at 701A Route 73 South in Marlton will appeal to tenants who want to reduce operating costs and environmental impact.

This Marlton office space for lease is situated on Route 73 just south of Route 70, and is just minutes from Exit 4 of the New Jersey Turnpike and Exit 36 of I-295.  Among the many features at this Marlton office building for lease is an on-site deli and a 5/1,000 sf parking ratio.  This Southern New Jersey office building for lease at 701A Route 73 South in Marlton is in close proximity to many shopping centers, including The Promenade at Sagemore.

WCRE has been retained to market the remaining vacant spaces in this Marlton office space for lease, ranging in size from 3,688 to 5,937 square feet.  This South Jersey office space for lease is available for immediate occupancy through Wolf Commercial Real Estate, a South Jersey commercial real estate broker specializing in Marlton commercial real estate listings.  The asking lease price of this Southern New Jersey professional office space is $11.00/sf NNN.

701 C Route 73 South, Marlton, NJ

This 27,813 square foot, multi-tenanted building at 701C Route 73 South in Marlton is an efficient single-story Southern New  Jersey office building for lease.  This professional office space in 08053 is situated on Route 73 just south of Route 70, just minutes from Exit 4 of the New Jersey Turnpike and Exit 36 of I-295. There is ample parking at this South Jersey professional office space for lease, with an 8/1,000 parking ratio.

WCRE, a Southern New Jersey commercial real estate broker specializing in Marlton commercial real estate listings, has been retained to market the only available vacant space in this South Jersey office building for lease, which is a 2,784 square-foot suite.  This Southern New Jersey professional office space for lease at 701C Route 73 South in Marlton is available for immediate occupancy. The asking lease price is $10.00/sf NNN.

A marketing brochure for each of these properties is available upon request from Wolf Commercial Real Estate (WCRE), a leading South Jersey commercial real estate brokerage firm that specializes in Southern New Jersey commercial real estate listings.

For more information about these Southern New Jersey office space opportunities, about other professional office space in 08054 or professional office space in 08053, or about any other South Jersey commercial real estate listings, please contact Jason Wolf (856-857-6301; jason.wolf@wolfcre.com), Leor Hemo (856-857-6302; leor.hemo@wolfcre.com) or Christina Del Duca (856-857-6304; christina.delduca@wolfcre.com) at Wolf Commercial Real Estate, a leading Southern New Jersey commercial real estate brokerage firm.

About WCRE

WCRE is a full-service South Jersey commercial real estate broker that provides a full range of Southern New Jersey commercial real estate services, marketing commercial offices, medical properties, industrial properties, land properties and retail buildings for buyers, tenants, investors and sellers.

As real estate brokerage and advisory experts that specialize in Southern New Jersey commercial real estate, the team at our Southern New Jersey commercial real estate brokerage firm provides ongoing detailed information to our clients and prospects to help them achieve their real estate goals. At WCRE, our Southern New Jersey commercial real estate services encompass the highest quality of service, proven expertise, and a total commitment to client-focused relationships.

Learn more about WCRE, a South Jersey commercial real estate brokerage firm that specializes in Southern New Jersey commercial real estate listings, online at www.wolfcre.com, on Twitter @WCRE1, LinkedIn and on Facebook at Wolf Commercial Real Estate, LLC. Visit our blog pages at www.southjerseyofficespace.com http://www.southjerseyofficespace.com/,  www.southjerseymedicalspace.com http://www.southjerseymedicalspace.com/,  www.southjerseyland.com http://www.southjerseyland.com/,   www.southjerseyretailspace.com http://www.southjerseyretailspace.com/  and www.southjerseyindustrialspace.com http://www.southjerseyindustrialspace.com/.

Please visit our websites for listings of Southern New Jersey office space for lease or sale and other South Jersey commercial real estate listings or for information about Southern New Jersey commercial real estate services for office space, retail space, medical space, industrial space or land for sale or lease from this Southern New Jersey commercial real estate broker.

About Somerset Properties

Somerset Properties is a full-service commercial real estate company that owns and operates a wide range of property types. Since 1996 Somerset has been creating value for investors with its entrepreneurial approach to acquiring, managing, leasing, and developing commercial properties. Learn more about Somerset Properties at www.somprop.com

 

Second Quarter Report: WCRE Finds Substantial Spike In Southern New Jersey CRE Deal Activity, But New Questions Arise

south-jersey-industrial-spaceThe Southern New Jersey commercial real estate market continues to emerge solidly from the havoc caused by the Great Recession, but significant South Jersey office space vacancies and the possibility of rising interest rates may provide challenges for the future of the Southern New Jersey commercial real estate market, according to a new quarterly market analysis issued by Wolf Commercial Real Estate (WCRE), a leading Southern New Jersey commercial real estate brokerage firm that specializes in South Jersey industrial space and other South Jersey commercial real estate services.

Approximately 540,000 square feet of new lease deals and renewals for Southern New Jersey commercial real estate, including South Jersey industrial and flex space, were executed during the second quarter, and about 35 percent, or some 185,000 square feet of the total, comprised new deals, according to WCRE’s quarterly Southern New Jersey Office and Retail Market Update, which is now in its second year.  The jump in activity in Southern New Jersey industrial space, office space and retail space was one of several positive developments noted in the report.

“Several of the fundamentals needed for a sustained return to growth are either steadily gaining strength or are already in place,” said Jason Wolf, founder and principal of Wolf Commercial Real Estate, a South Jersey commercial real estate broker that specializes in Southern New Jersey commercial real estate listings, including Southern New Jersey industrial and flex space. “However, this market still must absorb much more of its vacant space.”

The report on South Jersey commercial real estate activity notes that the stock market closed Q2 up 12 percent on the year – its best first half of a year since 1999 – and that unemployment rates both in New Jersey and nationwide continue to fall, while rental rates for South Jersey office space have stabilized and continue to rise, and Southern New Jersey retail space rental rates were rising for the first time in five years.  Still, according to WCRE, vacancy rates in the office market for Class A and B product remain in the range of 18-19 percent.

Amid all the good news for the South Jersey commercial real estate market, the report finds a possible indicator that inflation may be on the horizon, noting the sharp rise in the 10-Year Treasury yield through May and June and the effect that could have on interest rates in the Southern New Jersey commercial real estate market, including Southern New Jersey industrial and flex space.

“If interest rates go up, our borrowing costs go up, which will have an effect on pricing and cap rates,” according to the report from Wolf Commercial Real Estate, a Southern New Jersey commercial real estate broker that specializes in South Jersey industrial space and other South Jersey commercial real estate listings.

WCRE’s research includes snapshots of the Southern New Jersey office space and retail space markets and details on the major deals being consummated or planned in the Southern New Jersey commercial real estate market.

Among the Southern New Jersey office space highlights from the report:

— Positive absorption for the second quarter was in the range of 185,000+/-sf of new deals and/or expansions in South Jersey commercial real estate. This is a 20 percent increase over the second quarter of 2012, and an astonishing 80 percent gain over the first quarter of this year.

—  Average rents for Class A & B product remained at or above the improved level they reached last year, 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 deals completed during the quarter for Southern New Jersey industrial space and office space.

— Healthcare, computer services, insurance, defense contracting, consulting, engineering, and finance companies all were very active in the South Jersey office space market during the second quarter.

South Jersey retail space highlights from the report include:

— Retail landlords are experiencing increased rental rates for Southern New Jersey retail space for the first time since 2008.

— Overall South Jersey retail space vacancy has fallen to 15% and the Southern New Jersey retail space market has stabilized. Community and lifestyle shopping centers have much less vacancy than neighborhood and strip shopping centers.

— Average rents for upscale lifestyle centers in the Southern New Jersey retail space market continue to show strong support in the range of $30-$40.00/sf NNN, and average rents for neighborhood and strip shopping centers remain in the range of $15-$23/sf NNN.

The full report, including details about several key deals, is available upon request from Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm that specializes in commercial real estate listings for Southern New Jersey industrial space, office space and retail space.

For more information about South Jersey industrial space, South Jersey office space, South Jersey retail space, or about any other Southern New Jersey commercial real estate listings, 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) or Scott Seligman (856-857-6305; scott.seligman@wolfcre.com) at Wolf Commercial Real Estate, a leading Southern New Jersey commercial real estate broker.

As real estate brokerage and advisory experts that specialize in South Jersey industrial and flex space and other Southern New Jersey commercial real estate services, the team at our South Jersey commercial real estate brokerage firm provides ongoing detailed information to our clients and prospects to help them achieve their real estate goals. At WCRE, our South Jersey commercial real estate services encompass the highest quality of service, proven expertise, and a total commitment to client-focused relationships.

Learn more about WCRE, a Southern New Jersey commercial real estate brokerage firm that specializes in South Jersey industrial space and other Southern New Jersey commercial real estate listings, online at www.wolfcre.com, on Twitter @WCRE1, LinkedIn and on Facebook at Wolf Commercial Real Estate, LLC. Visit our blog pages at www.southjerseyofficespace.com http://www.southjerseyofficespace.com/,   www.southjerseymedicalspace.com http://www.southjerseymedicalspace.com/,  www.southjerseyland.com http://www.southjerseyland.com/,   www.southjerseyretailspace.com http://www.southjerseyretailspace.com/  and www.southjerseyindustrialspace.com http://www.southjerseyindustrialspace.com/.

WCRE is a leading Southern New Jersey commercial real estate broker that provides a full range of Southern New Jersey commercial real estate services, marketing commercial offices, medical properties, industrial properties, land properties and retail buildings for buyers, tenants, investors and sellers.  Please visit our websites for information about Southern New Jersey industrial and flex space for sale or lease and other Southern New Jersey commercial real estate services or for information about South Jersey commercial real estate listings for office space, retail space, medical space, industrial space or land for sale or lease from this South Jersey commercial real estate broker.

WCRE Facilitates Sale Of South Jersey Industrial And Flex Building In Maple Shade NJ

11 Morris Ave photoWolf Commercial Real Estate (WCRE), a South Jersey commercial real estate brokerage firm that specializes in Maple Shade commercial real estate, has successfully facilitated the sale of a highly visible and well-located Southern New Jersey industrial and flex building in Maple Shade NJ.

WCRE exclusively represented Creek Associates, LLC, a related entity of Aerocoat Source, LLC in its acquisition of a prime South Jersey industrial and flex building at 11 Morris Avenue Maple Shade NJ.

This industrial space in 08052 is a 12,500 square-foot South Jersey industrial building that fronts a very heavily traveled stretch of Route 73 in Maple Shade. The Southern New Jersey industrial and flex building at 11 Morris Avenue Maple Shade NJ is minutes from both the Betsy Ross and Tacony Palmyra Bridges.  This Southern New Jersey industrial building was sold by the Kaplan Family Trust.

AeroCoat Source, LLC is a family-owned small business founded in 1999. It specializes in providing Mil-Spec and Aerospace topcoat colors and coatings for aircraft to the military, commercial paint shops, maintenance depots and supply agencies.

WCRE’s work on the transaction was led by Scott Seligman, director of business development at Wolf Commercial Real Estate, a Southern New Jersey commercial real estate broker that specializes in Maple Shade industrial space and other Maple Shade commercial real estate.

“This is a great milestone for AeroCoat Source and their Southern New Jersey operations,” Seligman said. “We congratulate our client on the successful acquisition of 11 Morris Avenue. We are excited for their growth and what this will mean for additional jobs in the region.”

The team at Wolf Commercial Real Estate, a leading South Jersey commercial real estate broker that specializes in Maple Shade commercial real estate listings, works with potential buyers to identify South Jersey industrial space and other commercial and industrial properties in Southern New Jersey or anywhere in the country that best meet their needs.  The WCRE team also ensures that the sale terms for a buyer’s Southern New Jersey industrial space are the best fit for their goals.

WCRE’s approach is to help clients through the entire process of acquiring their new South Jersey industrial and flex space, from understanding their goals, to offering a full range of services, to providing move-in assistance.  Along the way, Wolf Commercial Real Estate, a Southern New Jersey commercial real estate brokerage firm that specializes in Maple Shade commercial real estate listings, will survey building options and ensure buyers qualify for the right Southern New Jersey industrial and flex space.

To help buyers select the best South Jersey industrial and flex space, we perform employee zip code analysis, employee commuting optimization, space plan programming, conduct property tours, site identification, requests for proposals, property comparison cost analysis, sale and/or lease negotiations, and construction cost review.

11 Morris Avenue Maple Shade NJ is a one-story Southern New Jersey industrial building that has two tailgate loading docks and one drive-in loading.  This South Jersey industrial building also has a conference room, reception area and two private offices.   This Maple Shade industrial space is situated on a corner property, making it highly visible.  With access to the nearby New Jersey Turnpike, Interstate 95 and Interstate 295, this Southern New Jersey industrial and flex space has excellent North-South access.

For more information about this Southern New Jersey industrial space, about other industrial space in 08052 or about any other South Jersey commercial real estate listings, please contact Jason Wolf (856-857-6301; jason.wolf@wolfcre.com) or Scott Seligman (856-857-6305; scott.seligman @wolfcre.com) at Wolf Commercial Real Estate, a leading Southern New Jersey commercial real estate brokerage firm.

As real estate brokerage and advisory experts in Southern New Jersey that specialize in Maple Shade commercial real estate listings, the team at our South Jersey Commercial Real Estate brokerage firm provides ongoing detailed information to our clients and prospects to help them achieve their real estate goals. At WCRE, our Southern New Jersey commercial real estate services encompass the highest quality of proven expertise, and a total commitment to client-focused relationships.

Learn more about WCRE, a Southern New Jersey commercial real estate broker that specializes in Maple Shade commercial real estate, online at www.wolfcre.com, on Twitter @WCRE1, LinkedIn and on Facebook at Wolf Commercial Real Estate, LLC. Visit our blog pages at: www.southjerseyofficespace.com <http://www.southjerseyofficespace.com/>, www.southjerseymedicalspace.com <http://www.southjerseymedicalspace.com/>, www.southjerseyland.com <http://www.southjerseyland.com/>, www.southjerseyretailspace.com <http://www.southjerseyretailspace.com/> and www.southjerseyindustrialspace.com <http://www.southjerseyindustrialspace.com/>.

WCRE provides a full range of Southern New Jersey commercial real estate services, marketing commercial offices, medical properties, industrial properties, land properties and retail buildings for buyers, tenants, investors and sellers. Please visit our websites for South Jersey industrial space for lease or sale and other South Jersey commercial real estate listings for sale or lease or for information about Southern New Jersey commercial real estate services for office space, retail space, medical space, industrial space or land for sale or lease from this South Jersey commercial real estate broker.

WCRE Facilitates Sale Of Southern New Jersey Industrial And Flex Space at 8000 Commerce Parkway In Mount Laurel NJ

8000 Commerce poor qualityWolf Commercial Real Estate (WCRE), a Southern New Jersey Commercial Real Estate Brokerage Firm that specializes in Mount Laurel commercial real estate, has successfully facilitated the sale of a premier South Jersey industrial building located at 8000 Commerce Parkway in Mount Laurel NJ.

WCRE, a South Jersey Commercial Real Estate Broker, represented Monterey Holdings, LLC in its acquisition of this well-located Southern New Jersey industrial building.  This industrial space in 08054 was acquired from Liberty Property Trust (NYSE:LRY).  Monterey Holdings LLC was represented by Leor Hemo, executive vice president of WCRE, a Southern New Jersey Commercial Real Estate Broker that specializes in Mount Laurel industrial space and other Mount Laurel commercial real estate.

“Our client was seeking a long-term commercial real estate investment in a prime location for their growing portfolio. We are very happy to have worked with two great companies to help achieve strategic goals important to both parties,” said Hemo.

The team at Wolf Commercial Real Estate, a leading South Jersey Commercial Real Estate Brokerage Firm, works with potential buyers to identify commercial and industrial properties in Southern New Jersey or anywhere in the country that best meet their needs.  The WCRE team also ensures that the sale terms for a buyer’s Southern New Jersey industrial space are the best fit for their goals.

WCRE’s approach is to help clients through the entire process of acquiring their new South Jersey industrial space, from understanding their goals, to offering a full range of services, to providing move-in assistance.  Along the way, Wolf Commercial Real Estate will survey building options and ensure buyers qualify for the right Southern New Jersey industrial and flex space.

To help buyers select the best South Jersey industrial and flex space, we perform employee zip code analysis, employee commuting optimization, space plan programming, conduct property tours, site identification, requests for proposals, property comparison cost analysis, sale and/or lease negotiations, and construction cost review.

8000 Commerce Parkway in Mount Laurel NJ is a one-story Southern New Jersey industrial building that provides 54,185 square feet of South Jersey industrial and flex space.  This South Jersey industrial building is located in the prestigious Greentree North Corporate Center in Mount Laurel, Burlington County, NJ. This Mount Laurel industrial space is ideally situated, with easy access to Interstate 295, the New Jersey Turnpike, and Route 73.

For more information about this Southern New Jersey industrial space, about other industrial space in 08054 or about any other Southern New Jersey commercial real estate for sale or lease, please contact Jason Wolf (856-857-6301; jason.wolf@wolfcre.com) or Leor Hemo (856-857-6302; leor.hemo@wolfcre.com) at Wolf Commercial Real Estate, a leading Southern New Jersey commercial real estate brokerage firm.

As real estate brokerage and advisory experts in Southern New Jersey that specialize in Mount Laurel commercial real estate, the team at our South Jersey Commercial Real Estate brokerage firm provides ongoing detailed information to our clients and prospects to help them achieve their real estate goals. At WCRE, our Southern New Jersey Commercial Real Estate services encompass the highest quality of proven expertise, and a total commitment to client-focused relationships.

Learn more about WCRE, a Southern New Jersey commercial real estate broker that specializes in Mount Laurel commercial real estate, online at www.wolfcre.com, on Twitter @WCRE1, LinkedIn and on Facebook at Wolf Commercial Real Estate, LLC. Visit our blog pages at www.southjerseyofficespace.com http://www.southjerseyofficespace.com/,  www.southjerseymedicalspace.com http://www.southjerseymedicalspace.com/,  www.southjerseyland.com http://www.southjerseyland.com/,  www.southjerseyretailspace.com http://www.southjerseyretailspace.com/  and www.southjerseyindustrialspace.com http://www.southjerseyindustrialspace.com/.

WCRE provides a full range of Southern New Jersey Commercial Real Estate services, marketing commercial offices, medical properties, industrial properties, land properties and retail buildings for buyers, tenants, investors and sellers. Please visit our websites for listings of South Jersey industrial space for lease or sale and other Southern New Jersey Commercial Real Estate for sale or lease or for information about Southern New Jersey Commercial Real Estate services for office space, retail space, medical space, industrial space or land for sale or lease from this South Jersey Commercial Real Estate broker.

Property Management Services From Wolf Commercial Real Estate (WCRE)

property management photoWolf Commercial Real Estate (WCRE), a Southern New Jersey commercial real estate broker, provides a full range of Property Management Services for industrial properties throughout Southern New Jersey & the Philadelphia region.

WCRE’s management team works aggressively toward reducing operating expenses and increasing cash flow for clients with South Jersey industrial space and other South Jersey commercial properties.

The experts in our South Jersey commercial real estate brokerage firm are attentive and highly responsive to the individual needs of our clients, as well as their tenants.  Performance excellence, professionalism, communication, responsive/personal service and attention to detail are among the many qualities our clients with Southern New Jersey industrial space have come to expect from our property management team at Wolf Commercial Real Estate, a premier South Jersey commercial real estate broker.

Every management contract for Southern New Jersey industrial space and other Southern New Jersey commercial properties is approached with the sensitivity of a personal investment.

WCRE’s Southern New Jersey Property Management Services include: responsiveness to tenant service calls, aggressive receivable collections, regular communication with owners, bankruptcy & REO services, preparation of fiscal operating budget, and expense control/revenue maximization for clients with South Jersey industrial space and other South Jersey commercial properties.

The team at our Southern New Jersey commercial real estate brokerage firm also handles an array of other South Jersey Property Management Services including:  preventative maintenance programs, regular detailed inspection of each property, preparing scope of services for vendor bidding, supervision of contractors/vendors, and maintaining property files/tenant records for clients with Southern New Jersey industrial space and other Southern New Jersey commercial properties.

Optional services available as part of our full suite of Southern New Jersey commercial real estate services include: maintenance personnel services, construction management, and marketing/leasing.

For more information about our property management and other industry-leading services, please contact Jason Wolf (856-857-6301; jason.wolf@wolfcre.com) or Leor Hemo (856-857-6302; leor.hemo@wolfcre.com) at Wolf Commercial Real Estate, a leading Southern New Jersey commercial real estate brokerage firm.

As real estate brokerage and advisory experts that specialize in Southern New Jersey property management services, the team at our South Jersey commercial real estate brokerage firm provides ongoing detailed information to our clients and prospects to help them achieve their real estate goals. At WCRE, our South Jersey commercial real estate services encompass the highest quality of service, proven expertise, and a total commitment to client-focused relationships.

Learn more about WCRE, a Southern New Jersey commercial real estate brokerage firm that specializes in South Jersey property management services, online at www.wolfcre.com, on Twitter @WCRE1, LinkedIn and on Facebook at Wolf Commercial Real Estate, LLC. Visit our blog pages at www.southjerseyofficespace.com<http://www.southjerseyofficespace.com/>, www.southjerseymedicalspace.com<http://www.southjerseymedicalspace.com/>, www.southjerseyland.com<http://www.southjerseyland.com/>,  www.southjerseyretailspace.com<http://www.southjerseyretailspace.com/> and www.southjerseyindustrialspace.com<http://www.southjerseyindustrialspace.com/>.

WCRE is a leading Southern New Jersey commercial real estate broker that provides a full range of Southern New Jersey commercial real estate 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 listings of South Jersey industrial space for lease or sale and other South Jersey commercial real estate for sale or lease or for information about South Jersey commercial real estate services for office space, retail space, medical space, industrial space or land for sale or lease from this South Jersey commercial real estate brokerage firm.

Cherry Hill NJ Industrial and Flex Building For Sale Or Lease

1 Allison smallerWolf Commercial Real Estate (WCRE), a Southern New Jersey commercial real estate broker that specializes in Cherry Hill commercial real estate, is offering nearly 13,000 square feet of premier South Jersey industrial space for sale or lease in Cherry Hill.

This Southern New Jersey industrial and flex building for sale or lease at 1 Allison Drive Cherry Hill NJ has an asking price of $1.275 million or an asking lease rate of $10 per square foot NNN. This free-standing South Jersey industrial and flex building for sale or lease has flexible space that can be used for offices, warehousing or a combination office-warehouse. This South Jersey warehouse space for sale or lease is available for immediate occupancy from WCRE, a leading South Jersey commercial real estate broker.

Parking is abundant at this Cherry Hill industrial space for sale or lease.  This industrial space in 08003 is located along one of the main business corridors of Cherry Hill off Marlkress Road.  There is excellent access from this Southern New Jersey warehouse space 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 industrial space for sale or lease at 1 Allison Drive Cherry Hill NJ is well located directly across the street from the Cherry Hill Post Office. This highly visible Cherry Hill NJ industrial and flex building for sale or lease is perfect for the owner-occupant seeking South Jersey warehouse space for sale or lease.

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 Southern New Jersey warehouse space for sale or lease through Wolf Commercial Real Estate, a South Jersey commercial real estate broker.  There are more than 76,000 potential customers and employees living within a three-mile radius of 1 Allison Drive Cherry Hill NJ, a well-located South Jersey industrial and flex building for sale or lease.

For more information about this Southern New Jersey industrial and flex building for sale or lease, about other industrial space in 08003, or about any other South Jersey commercial properties for sale or lease, please contact Jason Wolf (856-857-6301; jason.wolf@wolfcre.com) or Leor Hemo (856-857-6302; leor.hemo@wolfcre.com) at Wolf Commercial Real Estate, a leading Southern New Jersey commercial real estate brokerage firm.

As real estate brokerage and advisory experts in Southern New Jersey that specialize in Cherry Hill commercial real estate, the team at our South Jersey commercial real estate brokerage firm provides ongoing detailed information to our clients and prospects to help them achieve their real estate goals. At WCRE, our South Jersey commercial real estate services encompass the highest quality of service, proven expertise, and a total commitment to client-focused relationships.

Learn more about WCRE, a Southern New Jersey commercial real estate brokerage firm that specializes in Cherry Hill commercial real estate, online at www.wolfcre.com, on Twitter @WCRE1, LinkedIn and on Facebook at Wolf Commercial Real Estate, LLC. Visit our blog pages at: www.southjerseyofficespace.com<http://www.southjerseyofficespace.com/>, www.southjerseymedicalspace.com<http://www.southjerseymedicalspace.com/>, www.southjerseyland.com<http://www.southjerseyland.com/>,  www.southjerseyretailspace.com<http://www.southjerseyretailspace.com/> and www.southjerseyindustrialspace.com<http://www.southjerseyindustrialspace.com/>.

WCRE is a leading Southern New Jersey commercial real estate broker that provides a full range of South Jersey commercial real estate 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 listings of South Jersey industrial space for lease or sale and other South Jersey commercial real estate for sale or lease or for information about South Jersey commercial real estate services for office space, retail space, medical space, industrial space or land for sale or lease from this South Jersey commercial real estate brokerage firm.

FIRST QUARTER REPORT: BULLISH TONE STARTING TO REAPPEAR IN SOUTHERN NEW JERSEY COMMERCIAL REAL ESTATE MARKET

south-jersey-industrial-spaceWCRE Research Finds Positive Trends And Signals Of Cautious But Steady Growth

The local commercial real estate market continued its steady climb in the first quarter of 2013, free from dramatic headlines about natural disasters and government crises that marked the end of 2012, Wolf Commercial Real Estate said in its latest quarterly analysis of Southern New Jersey commercial real estate. Movement in the federal jobs and housing markets fueled consumer and investor activity locally, helping the market sustain several positive trends.

“The Dow Jones reached an all-time high, the federal and New Jersey unemployment rates fell slightly, home values and retail sales increased, and interest rates remained near historic lows,” said Jason Wolf, founder and principal of WCRE. “We saw several positive trends indicating improving growth, but we are still in a weak labor market, and more robust job growth is needed to lower the overall vacancy figures in our region.” Overall vacancy in the office market for Class A and B product is still hovering in the range of 18-19 percent, but the market has stabilized, and average rental rates continue to improve.

WCRE’s research into Southern New Jersey commercial real estate includes snapshots of the office and retail markets, and details on the major deals being consummated or planned.

According to the WCRE office report, there were approximately 300,000 sf in new lease and renewals transactions in the Southern New Jersey commercial real estate market during the first quarter, with new lease transactions comprising almost 43 percent of the transactions. This is only a four percent increase from the first quarter of 2012, but Wolf said that better figures were on the horizon. “There are more than 200,000 sf of new deals and renewals awaiting signature in April alone, so we expect substantial gains in the next quarter,” he said.

Office market highlights from the Southern New Jersey commercial real estate report:

— Average rents for Class A & B product remained at or above the improved level they reached last year, 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 quarter.

— Positive absorption for the first quarter was in the range of 130,000+/-sf of new deals and/or expansions. This is a gain of 8.5 percent compared to the first quarter of 2012, which WCRE attributes to pent up demand from last year, reflecting that much of the uncertainty of the fourth quarter is behind us.

— Healthcare, computer services, insurance, defense contracting, consulting, engineering, and financial companies all were very active in Southern New Jersey during the first quarter.

— Demand for high quality investment properties is high, while supply remains low, intensifying competition for these properties.

Retail market highlights from the Southern New Jersey commercial real estate report include:

— Area retailers reported that first quarter sales figures exceeded those from the holiday shopping season of the previous quarter, an excellent sign for the economy.

— Overall retail space vacancy is still hovering in the 17-18% range, but the market has stabilized, and community and lifestyle shopping centers have very little vacancy, while neighborhood and strip shopping centers have more vacancy and less growth in rental rates.

— Average rents for upscale lifestyle centers continue to show strong support in the range of $30-$40.00/sf NNN, and average rents for neighborhood and strip shopping centers remain in the range of $15-$23/sf NNN.

— As with office properties, demand for high quality retail investment properties is outpacing supply, driving prices up further and CAP rates down.

The full report, including details about several key deals, is available upon request.

WCRE is a full-service commercial real estate brokerage and advisory firm specializing in office, retail, 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, 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.

For more information about this South Jersey commercial real estate brokerage firm or about any South Jersey commercial real estate for sale or lease, please contact Jason Wolf (856-857-6301; jason.wolf@wolfcre.com), Leor Hemo (856-857-6302; leor.hemo@wolfcre.com), Scott Seligman (856-857-6305; scott.seligman@wolfcre.com) or Christina Del Duca (856-857-6304; christina.delduca@wolfcre.com) at Wolf Commercial Real Estate, a leading Southern New Jersey commercial real estate brokerage firm.

As real estate brokerage and advisory experts in Southern New Jersey, the team at our South Jersey commercial real estate brokerage firm provides ongoing detailed information to our clients and prospects to help them achieve their real estate goals. At WCRE, our South Jersey commercial real estate services encompass the highest quality of service, proven expertise, and a total commitment to client-focused relationships.

Learn more about WCRE, a Southern New Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate, online at www.wolfcre.com, on Twitter @WCRE1, LinkedIn and on Facebook at Wolf Commercial Real Estate, LLC. Visit our blog pages at: www.southjerseyofficespace.com<http://www.southjerseyofficespace.com/>, www.southjerseymedicalspace.com<http://www.southjerseymedicalspace.com/>, www.southjerseyland.com<http://www.southjerseyland.com/>, www.southjerseyretailspace.com<http://www.southjerseyretailspace.com/> and www.southjerseyindustrialspace.com<http://www.southjerseyindustrialspace.com/>.

WCRE provides a full range of South Jersey commercial real estate services, marketing commercial offices, medical properties, industrial properties, land properties and retail buildings for buyers, tenants, investors and sellers. Please visit our websites for listings of South Jersey industrial space for lease or sale and other South Jersey commercial real estate for sale or lease or for information about South Jersey commercial real estate services for industrial space, retail space, medical space, industrial space or land for sale or lease from this South Jersey commercial real estate brokerage firm.

South Jersey Industrial And Flex Space For Sale In Cherry Hill NJ

1879 Old Cuthbert RoadWolf Commercial Real Estate (WCRE), the premier Southern New Jersey commercial real estate brokerage firm, is offering two units of prime South Jersey industrial space for sale at 1879 Old Cuthbert Road in Cherry Hill NJ.

Unit 22 of this Cherry Hill flex building for sale has 1,600 square feet of space.  This South Jersey warehouse space for sale is a fantastic flex storage unit.  Features in this industrial space in 08034 include a large loft area, a kitchen, one bay door, two office suites with central air and a private bathroom.

Unit 24 of this Cherry Hill industrial property for sale has 1,000 square feet of space available.  This Southern New Jersey industrial space for sale also is an amazing flex storage unit, complete with a large office area, a private bathroom and one large bay door.

The asking sale price for Unit 22 of this Cherry Hill warehouse space for sale is $85,000.  The asking sale price for Unit 24 of this Cherry Hill flex building for sale is $75,000.  Special pricing is available if both units of this South Jersey industrial property for sale are purchased at the same time.  Both units in this Southern New Jersey industrial space for sale will be available for occupancy on May 1, 2013.

Parking is abundant (4.5/1000sf) at this South Jersey warehouse space for sale.  This Cherry Hill industrial property for sale is located on the east side of Cherry Hill with easy access to Route 70 and Exit 34 of I-295.

An average of nearly 80,000 vehicles a day drive by this South Jersey industrial property for sale at 1879 Old Cuthbert Road in Cherry Hill NJ and there are more than 81,000 residents living within a three-mile radius of this Cherry Hill warehouse space for sale.

For more information about this South Jersey industrial space for sale at 1879 Old Cuthbert Road in Cherry Hill NJ, about other industrial space in 08034, or about any other South Jersey commercial real estate for sale or lease, please contact Jason Wolf (856-857-6301; jason.wolf@wolfcre.com), Christina Del Duca (856-857-6304; christina.delduca@wolfcre.com) or Scott Seligman (856-857-6305; scott.seligman@wolfcre.com) at Wolf Commercial Real Estate, the premier Southern New Jersey commercial real estate brokerage firm.

As real estate brokerage and advisory experts in Southern New Jersey, the team at our South Jersey commercial real estate brokerage firm provides ongoing detailed information to our clients and prospects to help them achieve their real estate goals. At WCRE, our South Jersey commercial real estate services encompass the highest quality of service, proven expertise, and a total commitment to client-focused relationships.

Learn more about WCRE, a Southern New Jersey commercial real estate brokerage firm, online at www.wolfcre.com, on Twitter @WCRE1, LinkedIn and on Facebook at Wolf Commercial Real Estate, LLC. Visit our blog pages at:  www.southjerseyofficespace.com,  www.southjerseymedicalspace.com,  www.southjerseyland.com,  www.southjerseyretailspace.com,  and  www.southjerseyindustrialspace.com.

WCRE provides a full range of South Jersey commercial real estate services, marketing commercial offices, medical properties, industrial properties, land properties and retail buildings for buyers, tenants, investors and sellers.  Please visit our websites for listings of South Jersey office space for lease or sale and other South Jersey commercial real estate for sale or lease or for information about South Jersey commercial real estate services for office space, retail space, medical space, industrial space or land for sale or lease from this South Jersey commercial real estate brokerage firm.

Cherry Hill NJ Industrial and Flex Building For Sale Or Lease

1 Allison smallerWCRE (Wolf Commercial Real Estate), a South Jersey Commercial Real Estate Brokerage Firm, is now offering nearly 13,000 square feet of premier South Jersey industrial and flex office space for sale or lease in Cherry Hill.

This Southern New Jersey industrial property for sale or lease at 1 Allison Drive Cherry   Hill New Jersey Camden County 08003 has an asking price of $1.275 million or an asking lease rate of $10 per square foot NNN. This free-standing South Jersey industrial and office property has flexible space that can be used for offices, warehousing or a combination office-warehouse. This South Jersey industrial space for sale or lease is available for immediate occupancy.

Parking is abundant at this Cherry Hill industrial property for sale or lease.  This Cherry Hill office building for sale or lease is located along one of the main business corridors of Cherry Hill off Marlkress Road. There is excellent access from this Southern New Jersey industrial space to Route 70, Route 73, Interstate 295 and the New Jersey Turnpike, as well as to public transportation. This Cherry Hill warehouse space for sale or lease is well located directly across the street from the Cherry Hill Post Office. This highly visible Cherry Hill flex building for sale or lease is perfect for the owner-occupant seeking South Jersey warehouse space for sale or lease.

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 industrial property for sale or lease. There are more than 76,000 potential customers and employees living within a three-mile radius of 1 Allison Drive Cherry Hill, an ideal Southern New Jersey warehouse space for sale or lease.

For more information about this Southern New Jersey industrial and flex office space for sale or lease at 1 Allison Drive in Cherry Hill New Jersey Camden County 08003 or about any other South Jersey commercial properties for sale or lease, please contact Jason Wolf (856-857-6301; jason.wolf@wolfcre.com), Leor Hemo (856-857-6302; leor.hemo@wolfcre.com) or Scott Seligman (856-857-6305; scott.seligman@wolfcre.com) at Wolf Commercial Real Estate, the premier Southern New Jersey and Philadelphia region Commercial Real Estate Brokerage and Advisory firm. As real estate brokerage and advisory experts in Southern New Jersey and the Philadelphia region, the team at our New Jersey commercial real estate brokerage firm provides ongoing detailed information to our clients and prospects to help them achieve their real estate goals. At WCRE, our Southern New Jersey commercial real estate services encompass the highest quality of service, proven expertise, and a total commitment to client-focused relationships.

Learn more about WCRE, a Southern New Jersey Commercial Real Estate Brokerage Firm, online at www.wolfcre.com, on Twitter @WCRE1, LinkedIn and on Facebook at Wolf Commercial Real Estate, LLC. Visit our blog pages at www.southjerseyofficespace.com<http://www.southjerseyofficespace.com/>, www.southjerseymedicalspace.com<http://www.southjerseymedicalspace.com/>, www.southjerseyland.com<http://www.southjerseyland.com/> and www.southjerseyretailspace.com<http://www.southjerseyretailspace.com/> and www.southjerseyindustrialspace.com<http://www.southjerseyindustrialspace.com/>.

WCRE provides New Jersey commercial real estate services and Philadelphia commercial real estate services by marketing commercial offices, medical properties, industrial properties, land properties and retail buildings for buyers, tenants, investors and sellers in such areas as Marlton, Moorestown, Mount Laurel, Cherry Hill, Voorhees, Pennsauken and elsewhere in Southern New Jersey and Philadelphia. Please visit our websites for listings of Southern New Jersey professional office space for lease or purchase and other Southern New Jersey commercial real estate for lease or purchase or for information about South Jersey commercial real estate services for office space, retail space, medical space, industrial space or land for sale or lease from this Southern New Jersey Commercial Real Estate Broker.

WCRE Q4 2012 Report: Neither Hurricane, Nor Election, Nor Fiscal Cliff Can Stay The South Jersey Commercial Real Estate Market From Its Slow, Steady Climb

WCRE (Wolf Commercial Real Estate) reports that the South Jersey commercial real estate market exceeded several of its third quarter benchmarks, despite uncertainty caused by a natural disaster and other major news events.  The latest quarterly analysis from WCRE, a premier South Jersey Industrial Real Estate Broker, found that while the third quarter was marked by caution, the fourth quarter market proved its resiliency.

“Though Hurricane Sandy, the election, and the threat of the temporarily-resolved fiscal cliff exerted pressure on businesses, investors, and consumers, there were signs of accelerated growth and reasons for optimism amid the overall climate of cautiousness,” said Jason Wolf, founder and principal of WCRE.

According to WCRE, the fourth quarter showed a significant uptick in both new deal activity and expansion in the market for South Jersey industrial properties and other South Jersey commercial properties. Several deals of significant size were completed, and Southern New Jersey industrial space and other Southern New Jersey commercial properties in prime locations performed better than the overall market vacancy rate. There were approximately 389,000 sf of notable South Jersey commercial property deals executed in the market, a nearly 25% increase over the third quarter. This includes new lease and expansion transactions of approximately 235,000 sf. Notably, expansions and new deals for Southern New Jersey industrial properties and other Southern New Jersey commercial space outpaced lease renewals this quarter.

“The report from this Southern New Jersey industrial broker also noted that New Jersey’s unemployment rate improved to 9.6% – coming down from a 35-year-high notched during the previous quarter – and that there are many new South Jersey commercial real estate deals nearing completion. Other South Jersey commercial real estate market highlights from the report:

— Average rents for Class A & B product remained at the improved level they reached earlier this year, continuing to show strong support in the range of $11-$14.00/sf NNN with an overall market average of $11.00/sf NNN for the deals completed during the fourth quarter.

–New deals and expansion transactions of 235,000 sf for the fourth quarter was more than double the third quarter mark of 106,000 sf.

— Moorestown, Marlton and Mount Laurel (3M) continue to show strength, while a large share of the region’s vacancies remain in Voorhees, Pennsauken, and the west side of Cherry Hill. Burlington County continued to maintain a significantly lower vacancy rate than Camden County.

— 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, especially among larger firms.

— All of the the new major owners and REITS are showing a significant increase in deal activity and occupancy – both renewals and new deals – and are all cautiously optimistic.

Retail market highlights from the report include:

— Moorestown has issued its first ever liquor licenses, and PREIT acquired them in order to bring four new high-end restaurants to the Moorestown Mall.

— Overall South Jersey 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.

— The Haddonfield Road corridor, Route 70, and Route 73 are the prime destinations for retailers.

The report also anticipated challenges in 2013, with at least 250,000 sf of additional South Jersey industrial space and South Jersey commercial space vacancies expected to return to the market as Lockheed-Martin, Catalent Pharma, and others follow through on plans to downsize. But Wolf said that even this development could be positive, because large blocks of quality South Jersey office space and other South Jersey commercial space in excess of 30,000 sf have become scarce.

The full report is available upon request.

For more information about South Jersey industrial space for sale or South Jersey industrial space for lease, please contact Jason Wolf (856-857-6301; jason.wolf@wolfcre.com), Leor Hemo (856-857-6302; leor.hemo@wolfcre.com) or Scott Seligman (856-857-6305; scott.seligman@wolfcre.com) at Wolf Commercial Real Estate, the premier Southern New Jersey and Philadelphia region Commercial Real Estate Brokerage and Advisory firm. As real estate brokerage and advisory experts in Southern New Jersey and the Philadelphia region, the team at our New Jersey commercial real estate brokerage firm provides ongoing detailed information to our clients and prospects to help them achieve their real estate goals.

Learn more about WCRE, a Southern New Jersey Commercial Real Estate Brokerage Firm, 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<http://www.southjerseyofficespace.com/>, www.southjerseymedicalspace.com<http://www.southjerseymedicalspace.com/>, www.southjerseyland.com<http://www.southjerseyland.com/>, www.southjerseyretailspace.com<http://www. southjerseyretailspace.com/> and www.southjerseyindustrialspace.com<http://www.southjerseyindustrialspace.com/>.

WCRE markets Southern New Jersey and Philadelphia commercial offices, medical properties, industrial properties and retail buildings for buyers, tenants, investors and sellers in such areas as Marlton, Moorestown, Mount Laurel, Cherry Hill, Voorhees, and Pennsauken. Please visit our websites for listings of Southern New Jersey office space for lease or purchase and other Southern New Jersey commercial real estate for lease or purchase or for information about medical space, retail space, office space or land for sale or lease from this Southern New Jersey Commercial Real Estate Broker.