CAMDEN, NJ—NAI Mertz has been awarded an exclusive sale/lease assignment for a 10-acre land parcel along Haddon Avenue in troubled Camden, NJ that comes with attractive New Jersey-funded incentives for buyers and lessees.

The Haddon Avenue site is recognized under the Grow New Jersey Assistance Program, which is part of the New Jersey Economic Opportunity Act of 2013. This program is offering potential buyers and lessees aggressive incentives and tax credits to encourage job creation and retention, making new development and corporate relocation extremely advantageous. Since the Haddon Avenue site is located in both a distressed municipality and an Urban Transit Hub, the incentives are even more generous. Companies looking to take advantage of an unparalleled incentive package can choose to build and/or relocate here and receive an estimated $15,000 tax credit, per employee, for 10 years.

Approved for mixed-use development, including office, residential and retail uses, this site is located directly across from the Ferry Avenue PATCO high-speed line station, as well as Our Lady of Lourdes Medical Center. Situated along Haddon Avenue on the border of Camden and Collingswood, the site offers easy access to Philadelphia via public transportation, via PATCO and a nearby NJ Transit bus station. It also offers potential tenants and residents many retail, banking and restaurants found in trendy Haddonfield and Collingswood, which are just minutes from the site. Proposed site plans and renderings are available upon request.

Representing the ownership, Grapevine Development, is the NAI Mertz team of Rebecca Ting, SIOR, vice president; Fred Meyer, SIOR, director of corporate services; and Julie Kronfeld, sales associate.

“We are excited to be marketing this exclusive land parcel in Camden,” says Ting. “Because this site is recognized under the Grow New Jersey Assistance Program, this site is an ideal opportunity for business looking to take advantage of aggressive incentives and tax credits, and to become a part of the burgeoning Camden marketplace.”

Instant Insights /

NAI Mertz Pitching Camden Site That Comes With Incentives

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