Florence, New Jersey Commercial Real Estate 0 Listings

Florence, New Jersey: A Premier Destination for Commercial Real Estate

Introduction

Florence, New Jersey, offers a unique blend of strategic location and robust industry clusters, making it a prime destination for commercial real estate (CRE) investments. With a population of approximately 12,000, this township is part of the Philadelphia-Camden-Wilmington metropolitan area, benefiting from its proximity to major urban centers. Florence's economy is driven by logistics, manufacturing, and retail, which continually fuels demand for diverse commercial property types, including industrial, office, and retail spaces.

Economic and Industry Overview

Florence is home to thriving industries such as logistics, manufacturing, and retail. The township's strategic position along the Delaware River enhances its appeal as a logistics hub, driving demand for industrial and warehouse spaces. The presence of major distribution centers and manufacturers fosters a need for office spaces to support administrative functions. Retail spaces in Florence benefit from the local and regional consumer base, supported by the township's connectivity to larger markets.

Regional economic development initiatives, such as those by the Burlington County Economic Development, play a significant role in boosting the local economy and attracting new businesses.

Strategic Location and Transportation Infrastructure

Florence's strategic location is bolstered by its access to major transportation infrastructures:

Highways: Located near the New Jersey Turnpike and Interstate 295, providing seamless connectivity to Philadelphia, New York City, and beyond.
Ports: Proximity to the Port of Philadelphia enhances its logistical advantages.
Airports: Access to Philadelphia International Airport facilitates business travel and cargo transport.
Rail Lines: Serviced by New Jersey Transit's River Line, connecting to Trenton and Camden.

The township's location offers logistical advantages for distribution operations and easy access to a skilled labor pool. Visit the New Jersey Department of Transportation for more information on infrastructure.

Commercial Real Estate Inventory & Zoning

Florence's commercial real estate market is characterized by several key submarkets:

Industrial Corridors: Dominated by logistics centers and manufacturing facilities.
Retail Areas: Concentrated around major thoroughfares and residential zones.
Office Spaces: Scattered across business parks and standalone buildings.

Recent zoning changes and incentives are aimed at encouraging development in designated growth areas. Explore the township's zoning maps and parcel viewers for detailed information.

Major Employers and Institutions

Florence hosts several top employers that drive CRE demand:

Amazon: Operates a large distribution center.
Burlington Coat Factory: Maintains logistics operations nearby.
Local Government and Educational Institutions: Provide stable employment and demand for office spaces.

For a comprehensive list of employers, visit the Burlington County Business Directory.

Notable Commercial Developments & Projects

Florence is witnessing several significant commercial developments:

Mixed-Use Projects: Incorporating residential, commercial, and retail spaces.
Opportunity Zones: Offering tax incentives for investments in designated areas.

These projects are often part of public-private partnerships, providing unique opportunities for investors. Access planning department resources for details on ongoing projects.

Building Permits, Planning, and Development Tools

For developers and investors, the following resources are essential:

Market Data & Economic Reports

Florence's economic landscape is supported by various public data sets:

Brevitas leverages AI-powered aggregation from public data and internal insights to provide comprehensive market analysis. Explore our Brevitas-powered dashboards for more details.