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.”

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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].