Senior vice president Robert Squires marketed the portfolio on an exclusive basis for a family partnership that built and owned the properties for 60 years.
There were approximately 210,525 square feet of new leases and renewals executed in the three counties surveyed (Burlington, Camden and Gloucester), about half the total compared with the previous quarter.
A quarter of the country's total population will be in the elder years within the coming decade, along with pressure to cut costs and new technologies, to result in boosted demand for medical office properties.
The property offers 529,000 square feet of class A office space at 300 Interpace Parkway and 1 Upper Pond Road, with leasing opportunities from 3,500 to 90,000 square feet.
Last-mile industrial is bringing new life to outmoded facilities that are well located, and rent spreads between classes are expected to continue tightening as more last-mile users target these spaces, C&W's Jeff Chiate tells GlobeSt.com.
Anecdotally, most universities reported fewer international applications this year, reputedly based upon international concerns related to the rhetoric of President Trump, Pierce's Fred Pierce tells GlobeSt.com in part 2 of a two-part story.