Pennsauken Township: A Premier Destination for Commercial Real Estate

Introduction

Pennsauken Township, located in Camden County, New Jersey, is an attractive hub for commercial real estate (CRE) investment. With its strategic location near Philadelphia, the township offers a diverse economy that thrives on industries such as logistics, manufacturing, and healthcare. These industry clusters have driven significant demand for various property types, positioning Pennsauken as a prime destination for CRE professionals seeking opportunities in the Mid-Atlantic region.

Economic and Industry Overview

Pennsauken Township's economic landscape is characterized by its robust logistics and manufacturing sectors. The township's proximity to major transportation routes makes it an ideal location for industries that rely heavily on distribution and supply chain operations. In recent years, the healthcare and tech industries have also seen growth, adding diversity to the local economic fabric.

• Logistics and Manufacturing: The township hosts several warehousing and manufacturing facilities, benefiting from its connectivity to major highways and ports.
• Healthcare: With several medical facilities and clinics, healthcare is a growing sector, driving demand for office and specialized medical properties.
• Initiatives: Regional economic development efforts, such as those by the Camden County Improvement Authority, aim to attract more businesses to the area, further boosting CRE demand.

Strategic Location and Transportation Infrastructure

Pennsauken Township boasts a strategic location with exceptional transportation infrastructure:

• Highways: Immediate access to major highways like I-95 and Route 130 enhances its connectivity to regional markets.
• Ports and Airports: Proximity to the Port of Philadelphia and Philadelphia International Airport facilitates efficient logistics and distribution operations.
• Rail Lines: The township is served by several rail lines, providing additional logistical advantages.
• New Jersey Department of Transportation: Offers further information on transportation infrastructure.

Commercial Real Estate Inventory & Zoning

The commercial real estate market in Pennsauken Township is diverse, catering to a variety of asset classes:

• Submarkets: Key areas include the central business district (CBD) and industrial corridors.
• Asset Classes: The township offers a range of properties including industrial warehouses, retail spaces, and flex offices.
• Zoning: Recent updates in zoning laws provide incentives for developers, particularly in industrial and mixed-use developments.
• Pennsauken Township Zoning Maps: Access detailed zoning information and parcel viewers.

Major Employers and Institutions

Pennsauken Township hosts several major employers and institutions that contribute to CRE demand:

• Top Employers: Include businesses in manufacturing, logistics, and healthcare sectors.
• Institutions: Nearby universities and government centers add to the demand for office and mixed-use spaces.
• Camden County Business Directory: A resource for further exploration of local businesses.

Notable Commercial Developments & Projects

The township is home to several notable developments and projects:

• Large-scale Projects: Mixed-use developments and innovation parks are transforming the area’s commercial landscape.
• Opportunity Zones: Several areas in Pennsauken qualify for Opportunity Zone incentives, attracting investments.
• Planning Department: Access planning documents and approved site maps for more information.

Building Permits, Planning, and Development Tools

For those interested in development within Pennsauken Township, the following resources are available:

• Building and Safety Department: For information on building codes and permits.
• Permitting Portals: Streamline your application process.
• GIS and Parcel Map Viewer: Access detailed geographical information.
• Planning Commission: Offers insights into community planning and development codes.

Market Data & Economic Reports

Access a wealth of market data and economic reports to aid in your investment decisions:

• Public Data Sets: Utilize resources like Census.gov for demographic and economic data.
• Economic Reports: The township's open data portal provides insights into local economic conditions.
• Brevitas Dashboards: Explore Brevitas-powered dashboards for comprehensive market analysis.

Why Use Brevitas for Pennsauken Township CRE?

Brevitas offers a cutting-edge platform for discovering and managing CRE opportunities in Pennsauken Township:

• AI-Driven Discovery: Leverage AI to find properties that meet your investment criteria.
• Real-Time Market Alerts: Stay informed with updates on new listings and market trends.
• Smart Property Pages & Dealroom Collaboration: Enhance your property management and transaction efficiency.
• Unique Features: Enjoy auto-generated listing pages, email and landing page tools, and integration with brokers and developers for exclusive listings and premium exposure.

By utilizing Brevitas, CRE professionals can optimize their investment strategies and capitalize on the lucrative opportunities available in Pennsauken Township.