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NJ Cities Grow From Within

Sean Ryan is associate editor of Real Estate New Jersey, from which this article is excerpted. The North New Jersey office market is tied to Manhattan's health. But that's not necessarily the case down in Camden County, because although it borders Philadelphia, Cherry Hill and the other towns there are not nearly as dependent on Philadelphia for filling vacancies. …

By Sean Ryan | Updated on June 27, 2006

Sean Ryan is associate editor of Real Estate New Jersey, from which this article is excerpted.

The North New Jersey office market is tied to Manhattan’s health. But that’s not necessarily the case down in Camden County, because although it borders Philadelphia, Cherry Hill and the other towns there are not nearly as dependent on Philadelphia for filling vacancies.

“Outside of Comcast and Philadelphia law firms, the majority of growth here has come from within,” says Kirk Miller, senior director in Cushman & Wakefield’s Philadelphia office. “Commerce Bank has been expanding by leaps and bounds in this market, as has Lockheed-Martin.”

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