Posted Oct 25, 2018, 9:38 AM
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Hello
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Join Date: Dec 2002
Location: SJ to Philly
Posts: 2,631
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Camden Waterfront developer selling its office projects
https://www.courierpostonline.com/st...te/1738784002/
Quote:
The firm said then it was still seeking to develop four parcels that could hold some 500,000 square feet of office space off the Delaware River.
"There continue to be parties who may be interested in land there," Hankowsky said.
Several firms are already planning moves to new facilities at the Waterfront site:
American Water Works in early December is expected to formally open One Water Street, a five-story, 220,000-square-foot facility that will hold more than 600 workers.
Construction is underway on an 18-story tower that will house three firms — Conner Strong & Buckelew, NFI, and The Michaels Organization. The companies have said that building could open by August 2019.
A 180-room hotel and a 156-unit apartment complex are also planned for the site, as are parking garages.
The Waterfront site has an overall capacity of 1.1 million square feet on 26 acres, according to Liberty Property.
Liberty Property reported higher net income for the nine months ended Sept. 30, but noted that included substantial one-time gains from the sale of assets.
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