Washington Township, Gloucester County, New Jersey: A Premier Destination for Commercial Real Estate

Introduction

Washington Township in Gloucester County, New Jersey, stands out as a strategic hub for commercial real estate (CRE) investment. With a population of approximately 48,000 residents, the township offers a robust economy anchored in healthcare, education, and retail sectors. Its proximity to major urban centers like Philadelphia enhances its appeal, making it a prime location for commercial real estate professionals seeking office, retail, and industrial properties.

Economic and Industry Overview

Washington Township's economy is diverse, with significant contributions from healthcare, education, and retail industries. The presence of major healthcare facilities like Jefferson Health drives demand for medical office buildings and related commercial spaces. Retail is another critical sector, supported by shopping centers like the Washington Township Marketplace. These industries create a sustained demand for various CRE asset classes including office and retail spaces.

Economic Development Initiatives

The Gloucester County Economic Development office actively promotes business growth through various initiatives, offering incentives and support for new and expanding businesses. Their efforts help boost demand for commercial properties across the township.

Strategic Location and Transportation Infrastructure

Washington Township is strategically located with access to major transportation networks. The township is served by highways such as Route 42 and the Atlantic City Expressway, facilitating easy access to Philadelphia and Atlantic City. The nearby Philadelphia International Airport further enhances its logistical advantages for businesses looking to connect with national and international markets.

Transportation Links

• Highways: Route 42, Atlantic City Expressway
• Airports: Philadelphia International Airport
• Rail: Proximity to major rail lines enhances distribution capabilities.

Commercial Real Estate Inventory & Zoning

The township is characterized by several CRE submarkets, including bustling retail corridors and burgeoning office parks. Key asset classes available in the area include industrial spaces suitable for logistics and distribution, retail properties, and medical offices.

Zoning and Development Incentives

Recent zoning changes have introduced incentives for mixed-use developments, particularly around the town center. For more details, view the Washington Township Zoning Map.

Major Employers and Institutions

Washington Township hosts several major employers, contributing to a steady CRE demand. Key institutions include:

• Jefferson Health: A major healthcare provider with multiple facilities in the area.
• Rowan University: Although located in nearby Glassboro, its influence extends into Washington Township, especially in terms of demand for student housing and academic-related facilities.

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

Notable Commercial Developments & Projects

Washington Township is experiencing significant commercial development activities, including:

• The Shoppes at Cross Keys: A large-scale mixed-use development providing retail and dining options.
• Opportunity Zones: Certain areas within the township are designated Opportunity Zones, offering tax incentives for long-term investments.

For more information, explore the Washington Township Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, the following resources are essential:

• Building and Safety Department
• Permitting Portals
• GIS and Parcel Map Viewer
• Planning Commission
• Development Code

Market Data & Economic Reports

Washington Township benefits from robust data resources:

• Access public datasets via Census.gov and the Gloucester County Open Data Portal.
• Brevitas offers AI-powered aggregation from public data and internal insights, providing valuable market intelligence for CRE professionals.

Why Use Brevitas for Washington Township, Gloucester County, New Jersey CRE?

Brevitas is at the forefront of CRE technology, offering:

• AI-Driven Discovery: Smart property pages and real-time market alerts.
• Advanced Tools: Auto-generated listing pages and email/landing page tools.
• Broker Integration: Seamless collaboration with brokers and developers.
• Exclusive Listings: Gain premium exposure through Brevitas' unique platform.

For more information, explore Brevitas-powered dashboards for Washington Township, Gloucester County, New Jersey CRE.

By leveraging Brevitas, commercial real estate professionals can maximize their investment opportunities in Washington Township, Gloucester County, New Jersey, a prime destination for CRE growth and innovation.