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Colliers Leases Up Office Building at 3906 Church Road

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Former American Water Office Undergoing Expansive Renovation

November 5, 2019 [Mount Laurel, NJ]Evan Zweben, of Colliers International, has recently concluded a long term lease at 3906 Church Road in Mount Laurel on behalf of the owner. 

When the current owner purchased it in 2011, 3906 Church Road was fully leased to American Water. Upon their consolidation and relocation to Camden as part of a New Jersey Grow incentive package in 2019, the property was unexpectedly facing a 27,600 square foot vacancy. A broad marketing campaign was conducted by Colliers. 

“With the outstanding location, efficient floor plate and abundant parking the property affords, we were confident in our goal of finding a new long-term tenant to consider the site as a headquarters opportunity in amenity-rich Mount Laurel.” commented owner Rick Schwartz.

Samaritan Healthcare & Hospice, South Jersey’s first – and largest hospice organization - is expected to relocate its corporate offices from Evesham, New Jersey to its new, larger, home at 3906 Church Road in early 2020 upon completion of a complete interior and exterior renovation of the site.

 

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Plans for renovation


The tenant was represented by Jason Wolf of WCRE.

 

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About Colliers International
Colliers International (NASDAQ, TSX: CIGI) is a leading global real estate services and investment management company. With operations in 68 countries, our 14,000 enterprising people work collaboratively to provide expert advice and services to maximize the value of property for real estate occupiers, owners and investors. For more than 20 years, our experienced leadership team, owning more than 40% of our equity, have delivered industry-leading investment returns for shareholders. In 2018, corporate revenues were $2.8 billion ($3.3 billion including affiliates), with more than $26 billion of assets under management.
 
Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers or LinkedIn

 

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