Press Release brought to you by WCRE-Wolf Commercial Real Estate

WCRE COMPLETES THREE NEW LEASES AT ENDURANCE REAL ESTATE GROUP’S COLWICK BUSINESS CENTER IN CHERRY HILL, NJ

08/04/2014

 

 

 

 

News Release                                                    

951 Route 73 North

           Suite D

           Marlton, NJ 08053

                       

                  

 

FOR IMMEDIATE RELEASE

Contact: Andrew Becker

Phone: 856.449.5220

Email: andrew.becker@wolfcre.com

 

                                                                                                        

 

 

WCRE COMPLETES THREE NEW LEASES AT ENDURANCE REAL ESTATE GROUP’S COLWICK BUSINESS CENTER IN CHERRY HILL, NJ

August 5, 2014 – Marlton, NJ – Wolf Commercial Real Estate (WCRE) is pleased to announce that it has consummated three lease transactions bringing new tenants to the Colwick Business Center in Cherry Hill. Colwick Business Center is a complex featuring three single story office buildings owned and managed by an affiliate entity of Endurance Real Estate Group, LLC.

WCRE's team of Leor Hemo and Jason Wolf exclusively represented Endurance in the marketing and leasing of these properties, working collaboratively with each tenant’s broker. 

●     7,994 square feet of office space to South Jersey Behavioral Health Resources, Inc. Scott Martin of Markeim Chalmers represented the tenant.

●     2,600 square feet to MorphoTrust Usa, Inc. Julie Kronfeld of NAI Mertz represented the tenant.

●     12,604 square feet to QMA, Inc. Dan McGovern of CBRE represented the tenant.

These new tenants will join The Philadelphia Inquirer, The Internal Revenue Service, and Urban Engineers, among others. Available remaining suites range in size from 15,025 to 51,853 square feet (divisible). The largest contiguous block of vacant space at 55 Haddonfield Road, is one of a very few premier vacancies over 50,000 SF in the area.

Endurance acquired Colwick Business Center last summer and made a major investment in improvements, recently completing exterior upgrades and securing NJ Transit bus service through the office park. Among many desirable attributes, this premier office complex features highly efficient suite layouts, private 24/7 access to each tenant suite, no loss factor, and ample parking. Ownership has committed to making substantial base building improvements and restored Colwick to its Class “A” campus environment and prestige.                                            

“In the competitive Camden County leasing environment, we are excited to have executed on our business plan by absorbing 23,000 sf of office space in less than 12 months. We are pleased with the level of deal momentum and are optimistic about our pending activity,” said Benjamin Cohen, president of Endurance Real Estate Group.

Colwick Business Center is located just west of the Cherry Hill Mall on a stretch of Haddonfield Road that has recently undergone a massive redevelopment renaissance. The area features affluent residential communities, retail centers, hotels, and other amenities attractive to office tenants. The mall has experienced a complete overhaul in the last few years with the opening of Nordstrom and many other high end retail stores and restaurants such as The Capital Grille. There is currently a Super Wawa under construction in the immediate vicinity, which will further expand the retail corridor. Additionally, The Garden State Towne Center, home to Wegman’s, Best Buy, Home Depot, Dick’s Sporting Goods, and other high-end retailers, is conveniently located a short distance away.  

A marketing brochure and tenant information package is available upon request.

About WCRE

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

Learn more about WCRE online at www.wolfcre.com, on Twitter @WCRE1, and on Facebook at Wolf Commercial Real Estate, LLC. Visit our blog pages at www.southjerseyofficespace.com, www.southjerseyindustrialspace.com, www.southjerseymedicalspace.com, www.southjerseyland.com,  and www.southjerseyretailspace.com.

About Endurance Real Estate Group

EnduranceReal Estate Group is a diversified regional real estate company that focuses upon the creation, development and management of quality real estate projects in the Mid-Atlantic States for both our tenants and investors.

Endurance's mission is to provide its investors with the maximum, risk-adjusted returns available and our tenants with the best customer service and property management in the industry.

Endurance Real Estate Group, LLC was co-founded by Benjamin Cohen and William White in 2002. The company is located in Bala Cynwyd, Pennsylvania (near Philadelphia) and concentrates its investment and development activities in Philadelphia and the Mid-Atlantic area.

To learn more about Endurance Real Estate Group, LLC, please visit their website at www.endurance-re.com

 

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08/04/2014 - 16:19

Source

WCRE-Wolf Commercial Real Estate

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