Highly Visible Medical Mixed-Use Building For Sale

Highly Visible Medical Mixed-Use Building For Sale

Wolf Commercial Real Estate, the leading commercial real estate and advisory firm in South Jersey has been appointed the exclusive listing agent for 111 East Main Street, Maple Shade, NJ 08052. The Maple Shade property is available for sale.

The property holds +/- 2,763 sqaure feet that could be utilized by investment and medical users.

Features of 111 East Main Street, NJ

Nestled in a prime location at 111 East Main Street, this property is a golden opportunity for investors, professionals, and medical practitioners alike. Featuring a prominent pylon signage on Main Street, it offers excellent visibility.

Inside, the first floor boasts a fully fitted medical office with four exam rooms and a reception area, perfect for delivering top-notch healthcare services. Upstairs, two income-producing apartments with private entrances provide added value.

With six off-street parking spaces, accessibility is a breeze. Plus, its proximity to Routes 73 and 38, the Cherry Hill Mall, and public transportation (Bus 407 & 417) adds to its appeal.

For more information about the lease price or a tour of the industrial space, please contact Corey Hassman, Senior Advisor, at (856) 857 6301 or via email corey.hassman@wolfcre.com. To review the brochure, please click here.

Wolf Commercial Real Estate is a full-service CRE brokerage and advisory firm with a full range of commercial real estate listings and services. The firm handles a variety of properties including medical, office, industrial, retail and investment. WCRE represents buyers, landlords, investors, tenants and sellers and also provides property management services. For a full list of buildings and suites that are available for sale or lease, visit www.wolfcre.com.

Professional Office Building Investment Opportunity

Professional Office Building Investment Opportunity

Wolf Commercial Real Estate, the leading commercial real estate and advisory firm in South Jersey has been appointed the exclusive listing agent for 2 Coleman Avenue, Cherry Hill, NJ 08034. The Cherry Hill property is available for lease.

The property holds +/- 7,140 sqaure feet (two-story) that could be utilized by investment and office users.

Features of 2 Coleman Avenue, NJ

2 Coleman Avenue is ideal for professional office users and owner/occupant or investor. The property is newly renovated with ample parking.

In addition, the property has easy access to I-295 and Route 70 with close proximity to Downtown Haddonfield Business District.

For more information about the lease price or a tour of the industrial space, please contact Bethany Brown, Vice President, at (856) 857 6396 or via email bethany.brown@wolfcre.com. To review the brochure, please click here.

Wolf Commercial Real Estate is a full-service CRE brokerage and advisory firm with a full range of commercial real estate listings and services. The firm handles a variety of properties including medical, office, industrial, retail and investment. WCRE represents buyers, landlords, investors, tenants and sellers and also provides property management services. For a full list of buildings and suites that are available for sale or lease, visit www.wolfcre.com.

New Jersey Seeks To Create Fintech Innovation Center as Model in US

finance technology NJ

New Jersey, claiming it’s on track to become the nation’s center for the financial technology industry, is seeking input from real estate developers — including advice on potential sites — and others in order to create an innovation hub for that business in the Garden State. 

The state’s Economic Development Authority on Monday issued a so-called request for information, or RFI, to gather input about whether creating what it called a fintech “physical innovation center” would create an opportunity for further economic development, sustained job growth and job creation, and further innovation in the state. Responses are due by June 6.

New Jersey officials are looking to capitalize on the fact that because of the state’s proximity to New York City, many of the world’s leading financial services companies have already located their back-office data and technology-support operations in the Garden State. And some fintech firms are in the state already, as well.

*Article courtesy of Costar

For more information about this New Jersey space or about any other New Jersey commercial properties for sale or lease, please contact the team at Wolf Commercial Real Estate, a New Jersey commercial real estate broker at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier New Jersey commercial real estate broker that provides a full range of New Jersey commercial real estate listings and services. Wolf Commercial Real Estate also offers property management services, and marketing commercial offices, medical properties, warehouse properties, industrial properties, land properties, retail spaces and other New Jersey commercial properties for buyers, tenants, investors and sellers. Please visit our websites for a full listing of New Jersey commercial properties for lease or sale through our New Jersey commercial real estate brokerage firm.

Water Park Resort Once Dubbed ‘Best Hotel in South Jersey’ Heads to Auction

A Mount Laurel hotel once dubbed the best in South Jersey by local press is headed to auction. 

The 279-room Hotel ML and CoCo Key Water Resort will go up for auction Aug. 9-11, a handful of years after South Jersey Biz Magazine named the property the “Best Hotel in South Jersey” in 2017.  The starting bid for the 11-story property at 915 Route 73 is $4 million. The sale will take place via online auction platform Ten-X.

Hotel ML and CoCo Key Water Resort is owned by Ardmore-based Willner Realty and Development Co., which bought the property when a previous owner auctioned off 10 CoCo Key Water Resorts across the country. 

Willner reportedly acquired the Mount Laurel location along with a CoCo Key Water Resort and Adam’s Mark Hotel in Kansas City, Missouri, which is still listed online in the commercial real estate firm’s portfolio. Willner acquired the property for $7.5 million in 2011, according to New Jersey property records listed on State Information Services. 

The Mount Laurel property was assessed at $12 million in 2020, per State Information Services. 

*Article courtesy of Philadelphia Business Journal

For more information about this New Jersey space or about any other New Jersey commercial properties for sale or lease, please contact the team at Wolf Commercial Real Estate, a New Jersey commercial real estate broker at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier New Jersey commercial real estate broker that provides a full range of New Jersey commercial real estate listings and services. Wolf Commercial Real Estate also offers property management services, and marketing commercial offices, medical properties, warehouse properties, industrial properties, land properties, retail spaces and other New Jersey commercial properties for buyers, tenants, investors and sellers. Please visit our websites for a full listing of New Jersey commercial properties for lease or sale through our New Jersey commercial real estate brokerage firm.

Margate Latest to Ban Cannabis Businesses, Public Use

MARGATE — City Commission on Thursday joined the growing list of communities in New Jersey saying “no thanks” to legalized marijuana.

The board voted 3-0 Thursday on two ordinances. One banned all cannabis businesses from setting up shop in town, and the other made it illegal to use cannabis products in public.

“We are the official cannabis labor union, and we are asking you to table this ordinance and not ban good jobs,” said Hugh Giordano, of Blackwood, representing the United Food and Commercial Workers union in Egg Harbor Township, which he said has 15,000 members in South Jersey.

“Cannabis creates good union jobs,” Giordano said, for those who study botany, horticulture, chemistry and pharmacy. “It will attract young, educated people to live and work here.”

Under the New Jersey Cannabis Regulatory, Enforcement Assistance and Marketplace Modernization Act, towns have until Aug. 21 — 180 days from the adoption of the state law — to create any local enforcement structure. Towns that do not act by then will be governed by the state’s law.

Giordano suggested looking at an ordinance passed in Bayonne, Hudson County, which allowed the town to pick and choose which businesses can enter town.

The only Margate resident to speak on the subject favored banning cannabis.

“I support not having marijuana in Margate 100%-200%,” said Steve Warner. “It’s no good. It will destroy this country.”

New Jersey cannabis activist Edward “Lefty” Grimes of the nonprofit SativaCross said the use of edible cannabis in candies and gummies, for example, should not be included in the use ban.

“You need to look at sick people affected by this ordinance,” Grimes said. “If you are not banning oxycontin but banning cannabis … one person is treating their cancer with oxycontin and one with cannabis — that’s a 14th amendment violation. You need to table this.”

City officials said the ordinance bans all forms of cannabis for public use.

The meeting was the last that will be held both in-person and online, said Mayor Michael Becker. Now that city building are not under any capacity restrictions, Margate will return to all in-person meetings, he said.

*Article courtesy of Press of Atlantic City

For more information about this New Jersey space or about any other New Jersey commercial properties for sale or lease, please contact the team at Wolf Commercial Real Estate, a New Jersey commercial real estate broker at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier New Jersey commercial real estate broker that provides a full range of New Jersey commercial real estate listings and services. Wolf Commercial Real Estate also offers property management services, and marketing commercial offices, medical properties, warehouse properties, industrial properties, land properties, retail spaces and other New Jersey commercial properties for buyers, tenants, investors and sellers. Please visit our websites for a full listing of New Jersey commercial properties for lease or sale through our New Jersey commercial real estate brokerage firm.

What’s coming to the former site of Burlington Center mall?

BURLINGTON TWP. – An imposing entrance that once welcomed shoppers to a mall here now looms over a field of rubble.

Demolition is well underway at the former Burlington Center, and the planning board this week is to consider plans for extensive new construction there.

A Maryland firm wants to build three warehouses with a combined 1.9 million square feet at the sprawling property off Burlington-Mount Holly Road near Interstate 295.

Its proposal also calls for more than 100,000 square feet of retail development, including shops, restaurants and medical offices in eight buildings. That compares to more than 850,000 square feet of space at the long-vacant mall.

The project, known as The Crossings, is to go before Burlington Township’s planning board on Thursday, June 3.

The board also will consider plans for an unrelated shopping center with a Chipotle restaurant and up to four other tenants. The 12,000-square-foot project would rise next to a Lidl supermarket that opened last summer on the same highway, also known as Route 541.

The Crossings is being developed by an affiliate of a Maryland real estate investment trust, Lion Industrial Trust. The smaller retail center is proposed by a group that includes Vernon Hill II of Moorestown, the chairman and CEO of Philadelphia-based Republic Bank.

Township officials pursued redevelopment of Burlington Center for almost 15 years, eventually reaching agreement on the current proposal.

The two-level mall was built in 1982 by the Maryland-based Rouse Co., which developed Cherry Hill Mall in 1961 and Echelon Mall in 1969. The shopping center struggled with rising vacancy rates before closing when burst pipes flooded its interior in January 2018.

Demolition began at the 230-acre site in March and is expected to continue into September.

The warehouses could employ more than 1,000 workers in buildings ranging from 210,800 to 939,300 square feet, according to an environmental impact statement for the project.

The distribution centers would offer “loading stalls” for 336 trucks and parking stalls for more than 1,000 cars, according to the developer’s application.

Tractor-trailer access for the warehouse would be restricted to Burlington-Mount Holly Road, it says.

Retail uses, including at least three restaurants, would occupy about 43 acres of the property. Those buildings, expected to rise near the Bromley Boulevard intersection, would range in size from 2,850 to 55,655 square feet, the application says.

A representative of the leasing agent could not be reached for comment Tuesday.

The plan also calls for extensive landscaping to screen the project from a nearby residential neighborhood.

According to the environmental impact statement, the plantings would include more than 160 trees and almost 1,300 shrubs. 

*Article Courtesy of Burlington County Times

For more information about this New Jersey space or about any other New Jersey commercial properties for sale or lease, please contact the team at Wolf Commercial Real Estate, a New Jersey commercial real estate broker at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier New Jersey commercial real estate broker that provides a full range of New Jersey commercial real estate listings and services. Wolf Commercial Real Estate also offers property management services, and marketing commercial offices, medical properties, warehouse properties, industrial properties, land properties, retail spaces and other New Jersey commercial properties for buyers, tenants, investors and sellers. Please visit our websites for a full listing of New Jersey commercial properties for lease or sale through our New Jersey commercial real estate brokerage firm.

New Jersey CRE Property for Sale in Blackwood NJ

109 N. Black Horse Pike Blackwood NJ

Wolf Commercial Real Estate, a leading New Jersey commercial real estate broker that specializes in New Jersey commercial real estate listings and services, is now offering New Jersey CRE property for sale at 109 North Black Horse Pike Blackwood NJ.

This CRE property for sale in New Jersey is a premier catering hall and there is warehouse income to be derived from this New Jersey CRE property for sale in the two buildings at 109 North Black Horse Pike Blackwood NJ.

The asking sale price for this CRE property for sale in New Jersey is $2,700,000. This New Jersey CRE property for sale at 109 North Black Horse Pike Blackwood NJ is available from Wolf Commercial Real Estate, a New Jersey commercial real estate brokerage firm with expertise in New Jersey commercial real estate listings and services.

The New Jersey CRE property for sale at 109 North Black Horse Pike Blackwood NJ contains a total of +/- 54,530 sf of space and that total at this New Jersey CRE property for sale includes +/- 30,000 sf of banquet hall space. The banquet hall area at this CRE property for sale in New Jersey includes three (3) catering rooms and multiple bridal suites.

This New Jersey CRE property for sale at 109 North Black Horse Pike Blackwood NJ also includes a warehouse and private offices that, together, generate a monthly income of $6,850. There also is outdoor storage available at the CRE property for sale in New Jersey. This CRE property for sale in New Jersey is available from Wolf Commercial Real Estate, a New Jersey commercial real estate brokerage firm with expertise in New Jersey commercial real estate listings and services.

There is ample parking at this New Jersey CRE property for sale with 215 surface parking spaces. In addition to a catering hall, this CRE property for sale in New Jersey at 109 North Black Horse Pike Blackwood NJ could possibly be used as a church.

Both Route 42 and the Atlantic City Expressway are close to this New Jersey CRE property for sale at 109 North Black Horse Pike Blackwood NJ and such amenities as the Gloucester Premium Outlets as well as various restaurants, financial institutions, and retail businesses are nearby this CRE property for sale in New Jersey.

Nearly 210,000 residents live within a five-mile radius of this CRE property for sale in New Jersey at 109 North Black Horse Pike Blackwood NJ, and the average household income in that same area of this New Jersey CRE property for sale is $75,983. This New Jersey CRE property for sale is available from Wolf Commercial Real Estate, a New Jersey commercial real estate brokerage firm with expertise in New Jersey commercial real estate listings and services.

For more information about this New Jersey CRE property for sale at 109 North Black Horse Pike Blackwood NJ, or about any other New Jersey commercial properties for sale or lease, please contact Phil Costa (215-799-6195; phil.costa@wolfcre.com) at Wolf Commercial Real Estate, a New Jersey commercial real estate brokerage firm.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier New Jersey commercial real estate broker that provides a full range of New Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings, and other New Jersey commercial properties for buyers, tenants, investors, and sellers. Please visit our websites for a full listing of New Jersey commercial properties for sale or sale through our New Jersey commercial real estate brokerage firm.

Williams-Sonoma, FedEx Strike New Jersey Industrial Leases for 2.6 Million Square Feet

Retailer Williams-Sonoma and package-delivery giant FedEx preleased 2.6 million square feet of distribution space in New Jersey in the first quarter, with the industrial sector continuing to soar in the Garden State in the new year.

New Jersey’s industrial market saw 15.7 million square feet of leasing in the first quarter, the highest level since the first quarter of 2016, when it topped out at 17.7 million square feet, John Obeid, senior director of research for real estate firm Colliers International, told CoStar News. 

Williams-Sonoma and FedEx’s activities have been huge drivers of logistics so far this year, according to Obeid’s New Jersey market report, which was released Thursday. In what Obeid described as the “most notable transaction,” Williams-Sonoma agreed to lease 1.2 million square feet at 3 Sigle Lane in Dayton, New Jersey. That site is owned by Heller Industrial.

FedEx, in turn, preleased 873,743 square feet at 173-268 Doremus Ave. in Newark, followed by 513,240 square feet at 39 Edgeboro Road in East Brunswick, for a total of about 1.4 million square feet, according to Obeid’s report. 

In a statement to CoStar News, FedEx, headquartered in Memphis, Tennessee, said it is “exploring opportunities to optimize our network in response to ongoing volume growth and is engaged in discussions with local officials for the potential leasing of package distribution centers in Newark and East Brunswick.” The company, headquartered in Memphis, Tennessee, “does not disclose specifics of a project until all aspects have been finalized.”

Williams-Sonoma is also likely trying to accommodate the rising tide of online orders by consumers. The company, based in San Francisco, didn’t immediately respond to an email seeking comment. 

The U.S. industrial real estate market had been skyrocketing because of the rise of e-commerce, and that trend was exacerbated by the pandemic last year, with individuals homebound and shopping on the internet. In New Jersey, the logistics sector last year was largely driven by e-commerce giant Amazon leasing a lot of large distribution sites, 7.5 million square feet, but it was not a player in the first quarter this year, according to Obeid.

Williams-Sonoma has preleased more than 1 million square feet in New Jersey. The chain’s locations include a store in Williamsburg, Virginia. (CoStar)

Amazon has essentially taken a “pause” in leasing huge distribution hubs in New Jersey because its priority now is establishing smaller so-called last-mile delivery stations, Obeid said. 

United Parcel Service was a player in the first quarter, by preleasing 880,000 square feet at 42 Military Ocean Terminal in Bayonne, New Jersey, a transaction previously reported by CoStar News.

In its most recent report on the Garden State’s industrial market, CoStar wrote, “Demand has rebounded in Northern New Jersey, after recording a lackluster 250,000 [square feet] of net absorption in the first half of 2020.”

As evidenced by Williams-Sonoma’s and FedEx’s actions, industrial preleasing has been a big factor so far this year in New Jersey. In total, users preleased 4.1 million square feet in development projects during the first quarter, according to Obeid. 

“This dynamic has accelerated construction activity, driven by the lack of available space and tenant preference for Class A product,” he wrote in his report.


*Article Courtesy of CoStar

For more information about this New Jersey space or about any other New Jersey commercial properties for sale or lease, please contact the team at Wolf Commercial Real Estate, a New Jersey commercial real estate broker at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier New Jersey commercial real estate broker that provides a full range of New Jersey commercial real estate listings and services. Wolf Commercial Real Estate also offers property management services, and marketing commercial offices, medical properties, warehouse properties, industrial properties, land properties, retail spaces and other New Jersey commercial properties for buyers, tenants, investors and sellers. Please visit our websites for a full listing of New Jersey commercial properties for lease or sale through our New Jersey commercial real estate brokerage firm.

Central Jersey Office Space Available For Sale

9 Main Street Flemington, New Jersey

Wolf Commercial Real Estate, the leading New Jersey commercial real estate brokerage firm that specializes in New Jersey commercial real estate listings and services, is offering Central Jersey office space for sale at 9 Main Street Flemington NJ.

There is a total of +/- 8,400 sf of office space in Central Jersey available at 9 Main Street Flemington NJ. The asking sale price for this Central Jersey office space for sale is $859,000. This Central Jersey office space for sale is being offered through Wolf Commercial Real Estate, a Central Jersey commercial real estate broker with expertise in Central Jersey commercial real estate listings and services.

This Central Jersey office space for sale is a well-maintained property located in the Flemington Historic District. Built in the 1800s, this office space in Central Jersey for sale was recently renovated. Ideal for an owner-occupant, there is upside potential at this Central Jersey office space for sale from completing a lease-up of vacant spaces.

This Central Jersey office space is within 30 minutes of Princeton and Bridgewater as well as from New Hope, PA. This office space in Central Jersey at 9 Main Street Flemington NJ is available for sale through Wolf Commercial Real Estate, a Central Jersey commercial real estate brokerage firm with expertise in Central Jersey commercial real estate listings and services.

For more information about this office space in Central Jersey for sale at 9 Main Street Flemington NJ or about any other Central Jersey commercial properties for sale, please contact Kevin Coleman (856-857-6339; kevin.coleman@wolfcre.com) or Victor DeJesus (856-857-6388, victor.dejesus@wolfcre.com) at Wolf Commercial Real Estate, a New Jersey commercial real estate broker that specializes in New Jersey commercial real estate listings and services.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier New Jersey commercial real estate broker that provides a full range of New Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail spaces and other New Jersey commercial properties for buyers, tenants, investors, and sellers. Please visit our websites for a full listing of New Jersey commercial properties for lease or sale through our New Jersey commercial real estate brokerage firm.

TD Bank is Closing 13 Branch Locations in New Jersey

The planned closure of more than 80 branches by April represents 6% of the bank’s 1,223 locations from Maine to Florida.

The bank says the closing branches were selected because transaction volumes, their proximity to other TD Banks and the number of customers who use multiple store locations.

“TD is continually evolving the way we serve our customers and communities to best meet changing customer expectations and behaviors, remain competitive and drive long-term growth,” the bank said in a written statement.

Customers whose accounts are impacted by the closures have already been notified.

These New Jersey branches will close by April 23:

  • 601 College Drive, Blackwood
  • 1506 Berlin Road, Cherry Hill
  • 351 Midland Ave., Garfield
  • 1636 Route 38, Lumberton
  • 571 New York Ave., Lyndhurst
  • 688 Paramus Road, Paramus
  • 430 N. Beverwyck Road, Parsippany
  • 5 State Highway 31, Pennington
  • 536 N. Maple Ave., Ridgewood
  • 129 S. Black Horse Pike, Runnemede
  • 10 Mule Road, Toms River
  • 361 Union Blvd, Totowa
  • 560 N. Ave. E, Westfield

The bank said that its branches are still an important part of its business and reinvestment could include store renovations and new store locations.

M&T Bank closed seven New Jersey branches in August.

ShopRite on Monday announced it was closing 23 in-store pharmacies in New Jersey.



*Article Courtesy of Smart News

For more information about this New Jersey space or about any other New Jersey commercial properties for sale or lease, please contact the team at Wolf Commercial Real Estate, a New Jersey commercial real estate broker at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier New Jersey commercial real estate broker that provides a full range of New Jersey commercial real estate listings and services. Wolf Commercial Real Estate also offers property management services, and marketing commercial offices, medical properties, warehouse properties, industrial properties, land properties, retail spaces and other New Jersey commercial properties for buyers, tenants, investors and sellers. Please visit our websites for a full listing of New Jersey commercial properties for lease or sale through our New Jersey commercial real estate brokerage firm.