Cherry Hill Township, New Jersey Commercial Real Estate 0 Listings

Cherry Hill Township, New Jersey: A Premier Destination for Commercial Real Estate

Introduction

Cherry Hill Township, New Jersey, stands out as a pivotal hub for commercial real estate (CRE) investment. With a population of approximately 71,000, this thriving township boasts a robust economy, driven by key industry sectors such as retail, healthcare, and logistics. Its strategic location near Philadelphia and accessible infrastructure make Cherry Hill an attractive destination for businesses seeking growth opportunities in the CRE market.

Economic and Industry Overview

Cherry Hill's economy is anchored by diverse industries, notably retail, healthcare, and logistics, which are major drivers of demand for various commercial property types, including office, industrial, and retail spaces. The presence of large shopping centers like the Cherry Hill Mall underscores the region's retail strength. Additionally, initiatives by regional economic development agencies like the Camden County Improvement Authority aim to bolster economic growth and attract more businesses to the area.

Strategic Location and Transportation Infrastructure

Cherry Hill Township's strategic location offers significant logistical advantages. It is well-connected by major highways, including I-295 and the New Jersey Turnpike, facilitating efficient transportation of goods and services. The township's proximity to Philadelphia International Airport and the Port of Philadelphia enhances its appeal for distribution and access to labor pools. Public transport is robust, supported by NJ Transit rail lines and bus routes, making Cherry Hill an accessible and convenient location for businesses.

Commercial Real Estate Inventory & Zoning

Cherry Hill's commercial real estate landscape is characterized by several submarkets, including vibrant retail corridors and burgeoning industrial zones. Key asset classes here include industrial properties, retail spaces, and office buildings. Recent zoning changes have introduced overlays and incentives to encourage development in targeted areas. For more detailed zoning information, you can access the Cherry Hill Township Zoning Map.

Major Employers and Institutions

The township is home to several major employers and institutions that drive CRE demand. Notable employers include Subaru of America, TD Bank, and the Cherry Hill Public School District. Additionally, the presence of healthcare institutions like Jefferson Health contributes to the demand for office and medical spaces. For a comprehensive list of businesses, refer to the Cherry Hill Business Directory.

Notable Commercial Developments & Projects

Cherry Hill is experiencing significant development activity, with projects such as mixed-use developments and innovation parks reshaping the landscape. Public-private partnerships are fostering growth, and designated Opportunity Zones offer tax incentives for investors. Detailed planning documents and site maps can be found on the Cherry Hill Planning Board website.

Building Permits, Planning, and Development Tools

Cherry Hill Township provides a variety of resources for developers and investors, including access to the Building and Safety Department, Permitting Portals, and the Parcel Map Viewer. Additionally, the Planning Commission offers guidance on development codes and procedures.

Market Data & Economic Reports

For those seeking detailed market insights, Cherry Hill offers access to public data sets such as those from census.gov, the township's open data portal, and economic impact reports. Brevitas leverages AI-powered aggregation from these public sources and internal insights to provide comprehensive market data. Explore Brevitas-powered dashboards for Cherry Hill Township by visiting Brevitas.

Why Use Brevitas for Cherry Hill Township, New Jersey CRE?

Brevitas is the ultimate platform for discovering commercial real estate opportunities in Cherry Hill Township. With AI-driven discovery, real-time market alerts, and smart property pages, Brevitas offers unparalleled tools for investors and brokers. Unique features include: