CAMDEN, NJ—NAI Mertz has been awarded anexclusive sale/lease assignment for a 10-acre land parcel alongHaddon Avenue in troubled Camden, NJ that comes with attractive NewJersey-funded incentives for buyers and lessees.
The Haddon Avenue site is recognized under the Grow NewJersey Assistance Program, which is part of theNew Jersey Economic Opportunity Act of 2013. This program is offering potential buyers and lessees aggressiveincentives and tax credits to encourage job creation and retention,making new development and corporate relocation extremelyadvantageous. Since the Haddon Avenue site is located in botha distressed municipality and an Urban Transit Hub, the incentivesare even more generous. Companies looking to take advantageof an unparalleled incentive package can choose to build and/orrelocate here and receive an estimated $15,000 tax credit, peremployee, for 10 years.
Approved for mixed-use development, including office,residential and retail uses, this site is located directly acrossfrom the Ferry Avenue PATCO high-speed line station, as well asOur Lady of Lourdes Medical Center. Situatedalong Haddon Avenue on the border of Camden and Collingswood, thesite offers easy access to Philadelphia via public transportation,via PATCO and a nearby NJ Transit bus station. It also offerspotential tenants and residents many retail, banking andrestaurants found in trendy Haddonfield and Collingswood, which arejust minutes from the site. Proposed site plans and renderings areavailable upon request.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
