November 30, 2015 [Mount Laurel, NJ] – Colliers International’s Southern New Jersey team of Brian Sherlock and Evan Zweben recently represented the Landlord in the expansion of its lease with Comcast Corporation, at Voorhees Technology Center, located at 401 White Horse Road, Voorhees, NJ. Binswanger’s Marc Policarpo and Bob Corr represented Comcast in the expansion.
Comcast is already a tenant in the building and will be expanding their current operation by 42,000 RSF, with occupancy in early 2016. This will bring their footprint over 150,000 RSF of the 215,000 SF building. Harris School of Business is the other tenant in the building.
The expansion leaves just three vacant spaces; first floor suites of 4,461 and 11,185 RSF; second floor suite of 18,946 RSF. The larger suites have been completely demoed and are ready for custom fit-outs. The Landlord has approved plans for upgrading the common area lobby and hallways.
“This lease continues a common theme in 2015 where Landlords have spent capital dollars upgrading their assets to better compete in the marketplace. With vacancy rates where they are, this is more important now than ever”, said Brian Sherlock, one of the Colliers brokers who represented the Landlord.
Conveniently located between Routes 30 (White Horse Pike) & 561 (Haddonfield-Berlin Rd.), 401 White Horse Road, Voorhees, NJ is easily accessible to its tenant base. It’s just a short drive from I-295 and Center City Philadelphia, is proximate to the PATCO train line, and has a NJ Transit Bus stop (Route 459) at its front door. Recent improvements to the common area, as well as a full service 150-seat cafeteria make this an ideal location for call centers, financial services, and back office operations. For more information, visit 401whitehorse.com.