Gloucester County Emerges as the Jewel in South Jersey’s Crown

Gloucester County Emerges as the Jewel in South Jersey’s Crown

By: Sara Warden

2 min read January 2020 — In a roundtable published in Forbes this week, the magazine’s Real Estate Council made a definitive ranking of the 14 Up-and-Coming Real Estate Locations to Watch. Coming in at No. 13 was none other than South Jersey’s very own Gloucester County. “For the most inspired growing area, look to Gloucester County in South Jersey!” said panelist Nancy Kowalik, owner of Nancy Kowalik Real Estate Group. 

 

But why is this county gentrifying so quickly? According to Kowalik, it’s because Gloucester County has everything. “Located close to the city and the shore, we have green spaces, room to breathe, wineries, a quaint Downtown and bike paths,” she said. “It’s all here, and that’s why world-class Rowan University is growing. A new 1,000-bed, state-of-the-art hospital is opening, too.”

The hospital to which she is referring is the Inspira Medical Center Mullica Hill, 465,000-square-foot development over 100 acres with 210 private rooms, a maternity center and 62-room emergency department. The project, the county’s first new hospital in almost 45 years, was built with raised funds of $23 million, a campaign that took just seven months to reach its target.

“This is a tremendous day for South Jersey, Gloucester County and our health system,” John DiAngelo, Inspira Health’s CEO and president, said at the hospital’s ribbon-cutting ceremony in December. “With this new hospital, our commitment to providing exceptional care for our community, in our community, reaches a new level. We are excited to bring the latest in healthcare to the people of Gloucester County and surrounding communities.”

As far as the university expansion, one of the main developments has been the $400 million, 26-acre Rowan Boulevard project. 

As well as the healthcare sector and academia, Gloucester County is also proving to be attractive for the private sector, and has become somewhat of a home to craft breweries. The most recent addition is Core3Brewery, a new player that joins the ranks of Human Village Brewing Co. in Pitman, Eight & Sand Beer Co. in Woodbury, Cross Keys Brewing Co. in Williamstown and Death of the Fox Brewing Company in Clarksboro. 

“We were really drawn to the way they are building up the area around the college and definitely see the positive direction the area is moving in,” Krystle Lockman, owner of Axe and Arrow Microrewery, told South Jersey Business Journal. “It’s great to be on the ground floor of this redevelopment project in an area we have so many ties to.”

And Core3’s owner, Lawrence Price, told South Jersey Business Journal that the ease of doing business in the county will only contribute to its continued growth. “[The borough] has been so supportive and helpful and business friendly. Everything they could do to help us, they did,” he said. “Mayor Tom Bianco has always been upfront with us and in the mix of things, stopping by at least once or twice a week to see how things are going and if there is anything he can do.”

 

 

To learn more, visit:

https://www.nancykowalik.com/

http://www.inspirahealthnetwork.org/mullicahill

https://www.rowan.edu/

http://www.core3brewery.com/

https://axeandarrowbrewing.com/

 

Survey highlights Camden’s economic progress

Survey highlights Camden’s economic progress

By: Yolanda Rivas

2 min read January 2020 — What once was the poorest city in the nation is now showing significant advances as a result of its renaissance efforts. Camden City is showing positive trends in key economic areas, according to a recent survey from the U.S. Census Bureau,  using data derived from the American Community Survey (ACS).   

 

The survey data showed significant improvements in areas such as poverty, educational attainment, employment and unemployment. 

“Change doesn’t happen overnight, but in findings like these we are seeing the very real snowballing effect of progressive policies put into place to better the lives of residents in the City,” said Freeholder Director Louis Cappelli, Jr in a press release.

The surge in educational attainment among 18-24-year olds is one of the significant trends Camden has seen during the last decade. The most recent estimate shows the population achieving high school or higher levels of education is now at 83.3 percent. From 2006 to 2010, approximately 68 percent of young adults in the city had graduated high school, earned their G.E.D., attended some college, or received an associate’s, bachelor’s or advanced degree. 

“Ensuring all of our students and families are attaining a quality education and gaining access to advanced educational opportunities is our objective. This report underscores the progress being made in the classroom and throughout our district,” Superintendent Katrina McCombs said in a press release.

The survey also showed that the number of residents employed has increased by more than 2,500 and the number of unemployed residents dropped from over 7,700 to less than 3,900.  According to city data, the unemployment rate over the five years ending in 2018 was 12.6%, which represents a big decline from the 24.4 percent reported from 2009 to 2013.   

Camden’s “eds and meds” sector, which employs almost 40% of the Camden workforce, has also been key to the city’s revitalization. Over $1 billion has been invested in the “eds and meds” sector, with an additional $175 million planned. Camden is home to five eds and meds institutions, leading research and innovative efforts throughout the region and the national and international community. 

To support local businesses and residents, workforce initiatives like private initiative Camden Works, launched in 2019, have been forged to ensure Camden continues its growth path. The employment training and placement program is designed to leverage resources from local entities to provide training, education and placement.

“Unparalleled collaboration and a holistic approach to revitalization is resulting in real progress in Camden,” said Camden Mayor Francisco Moran in a press release. “The data indicates that Camden is making substantial gains as it relates to reducing poverty, improving academic outcomes and increasing employment prospects. This kind of sustained progress has not been witnessed in decades.  These are all positive signs for our residents and indicators that the quality of life continues to improve.” 

The ACS produces estimates of selected population characteristics for one- and five-year periods. Five-year estimates include data aggregated over a 60-month period and attempt to show the characteristics of the city over that entire stretch.  

To learn more, visit:

https://data.census.gov 

 

Spotlight On: Vito S. Pantilione, President & CEO, Parke Bank

Spotlight On: Vito S. Pantilione, President & CEO, Parke Bank

By: Yolanda Rivas

2 min read anuary 2020 —  Parke Bank is expanding its lending business, including construction lending, from the South Jersey and Philadelphia areas to North Jersey and New York’s Brooklyn and the Bronx with its lending expertise. Parke Bank has a major Asian client base, which makes it important to keep a careful eye on the politics of the country toward China. Parke is also one of the few banks that provide banking services to the cannabis industry, which also requires careful monitoring of Washington’s ever changing position on the emerging cannabis business, says Vito Pantilione, president & CEO of Parke Bank, in an interview with Invest:.

 

 

What main changes have you observed in the banking and loan business in the South Jersey market?

 

We are in a great location to provide lending and banking services in New Jersey, and the Philadelphia area, in addition to expanding up into the Lehigh Valley area. Because of our growth, we’ve also grown our lending operation to North Jersey, Brooklyn and the Bronx.

 

The banking industry is always changing, I don’t think there is any other industry except maybe insurance where there are as many regulatory changes. There is also a lot more competition, even from nonbanking entities. We embrace competition because it makes you pay more attention and sharpen your pencil.

 

What services are most in demand for an institution like Parke Bank?

 

One of the services we’ve offered since we opened the bank is construction lending. It is a very attractive product, especially because many banks have discontinued this banking product. Even though the regulations for construction lending have become much more stringent, our structure allows us to handle it because we are well-capitalized and we have the experience and expertise. We find that our construction lending product is very attractive in the Philadelphia and South Jersey area and most recently in the Bronx and Brooklyn. We carefully entered the Bronx and Brooklyn markets and now have multiple multifamily projects and commercial loans in these areas.

 

How does the bank support the small business community in South Jersey?

 

We are very active in commercial lending, which includes small business lending. Some of our commercial lending is related to real estate as we have financed many investment properties. We also look at some of the South Jersey markets that need extra services, like startup companies and small companies that need to expand to remain competitive, where it is more difficult to get financing. We look at those sectors and try to establish loans and banking relationships to help support those markets. 

 

Small business lending is important to us. We are a Small Business Administration (SBA) lender, which allows us to provide funding for projects to small businesses that may not fit into the standard bank  financing. The SBA is a perfect vehicle to provide the needed credit enhancement to make those loans possible. That type of lending with small business banking also provides the opportunity for full service banking, bringing much needed deposits.

 

Are there any worries or challenges in the banking industry that Parke Bank is watching?

 

One area in which we’ve been very fortunate is our Asian business. I used to be president of a Chinese bank in Philadelphia, and when I opened this bank in 1999, I was fortunate that a lot of my clients and friends from the Asian bank followed us to Parke Bank. The current Chinese trade situation with the United States is a concern to me personally, which can reduce growth in the Asian market. As far as actual business, it has not really affected us that I can see. We are still getting new Asian customers and we have a branch right in the heart of Chinatown in Philadelphia, with a multilingual staff. We are very proud of that.

 

Another potential challenge is the Banking Secrecy Act, which is of major importance to us because we are one of the few banks in the country to provide banking services to the cannabis industry. We entered the market totally by accident because we had a major customer of the bank who received a permit to open a cannabis dispensary and asked us to finance the building. We loaned him millions of dollars over the years and it wasn’t until two years later that we realized what a major step that was for Parke Bank. At that time, we were one of the very few banks that was even banking cannabis. Now we have about 130 customers, and that is an industry where government regulations are having a big impact. We are very careful to follow the regulations that are in place, given there are really no clear regulations yet in place because it is not legal at the federal level. We are a state-chartered bank doing business with state-approved cannabis businesses. 

 

 

To learn more about our interviewee, visit:

Parke Bank: https://www.parkebank.com/ 

 

Spotlight On: Sean Beuche, Regional Manager, Marcus & Millichap

Spotlight On: Sean Beuche, Regional Manager, Marcus & Millichap

By: Yolanda Rivas

2 min read December 2019 — 2019 was a steady year for Philadelphia’s commercial real estate. The market’s affordability, the city’s position as a logistics hub and its attractive environment for startups has driven strong demand. One of the areas seeing a high amount of activity is King of Prussia. Commercial real estate firm Marcus & Millichap recently relocated to the area, attracted by the growth in the region. Regional Manager Sean Beuche discussed with the Invest: team the neighborhoods seeing the most growth in commercial real estate and his outlook for the sector as we enter 2020. 

Marcus & Millichap relocated its Wynnewood location to King of Prussia. What makes that community attractive?

This relocation highlights our commitment to the area and our optimism about the local economy. The construction and new development activity going on in the King of Prussia market is very attractive. Numerous businesses and baby boomers are moving to the area, where there is more land available, beautiful housing stock, good school districts and less traffic congestion.  King of Prussia is a nexus of a variety of different interstates and that strategic location amid emerging growth and development is much more desirable for us. In addition, we are expanding in a nicer Class A office space that provides our clients and agents with a much brighter and enjoyable place to do business.

 

Which areas are the fastest-growing for commercial real estate in Philadelphia?

We’re seeing fast appreciation in the Point Breeze market, while Fishtown and Kensington have been hot for some time. We are also seeing numerous investments in areas further along the Main Line region. The Lehigh Valley and Central PA markets are both driving a lot of new investors into Pennsylvania. As the yields continue to deliver in some of these secondary and tertiary markets, investors want to move outside of areas where they’re getting squeezed by some popularity. There is a bit of a ripple effect being created by the economy being strong for a long time, and many of the investments that have been made or taken in these core markets are pushing investors further out. 

 

What is your outlook for Philadelphia’s real estate sector over the next 12-18 months?

 

The outlook is positive. There is uncertainty from a political standpoint, we are dealing with some of the trade wars and we are very interested in seeing where that shakes out. We focus on private and middle market clients and, in times of uncertainty, we provide them with market research about existing opportunities. From an income standpoint, rents in the Center City market and many of our urban infill markets are pushed up, and we would need to see some relevant margin changes in household income to afford a greater rent increase. Our clients are seeing strong fundamentals in the main groups that we focus on, which are multifamily, industrial, office and retail. As that financing loosens up and remains affordable, deals are very quickly moving off our shelves and into the hands of investors.

 

To learn more about our interviewee, visit:

Marcus & Millichap: https://www.marcusmillichap.com/ 

 

Philadelphia, South Jersey Prioritize Transit, Affordability, Sustainability in 2020

Philadelphia, South Jersey Prioritize Transit, Affordability, Sustainability in 2020

By: Sara Warden

2 min read December 2019 — Although under slightly different time frames, both South Jersey and Philadelphia’s local and state governments are prioritizing investment in three key axes for the coming years: transit, affordability and sustainability.

 

In 2011, Philadelphia’s City Planning Commission outlined Philadelphia2035, a comprehensive plan for managing growth and development in the city. Updated every year, the first phase includes a Citywide Vision, that encompasses broad planning goals, while the second phase will build upon these with specific policies related to 18 different planning districts. The program invites public and private investment for the development of the city over the medium term. The blueprint is based on three key themes: Thrive, Connect and Renew.

According to the 2035 planning document, the Thrive element will focus on promoting affordability in housing, strong neighborhood centers, economic development and land management. Connect will center around improving transportation and utilities, including transit, streets and highways, ports, airports and rail. Finally, with an eye on sustainability, Renew is all about creating more open spaces, effective use of water resources, air quality and historic preservation.

“Philadelphia 2035 envisions a city with an expanded transportation network that better connects home and workplace; ensures convenient access to sources of healthy food; supports the productive reuse of vacant land; and provides modern municipal facilities that serve as the anchors of strong neighborhoods,” said former City Mayor Michael Nutter when launching the plan in 2011.

The new year was already off to a good start for the City of Brotherly Love even before the calendar turned. National Geographic Traveler in November named Philadelphia one of the top 25 must-visit destinations in the world in 2020.

And across the Delaware, South Jersey faces many of same issues are at the top of Gov. Phil Murphy’s priority list. The four pillars of the 2020 budget signed in June 2019 include creation of over $1.1 billion in sustainable savings, stabilizing New Jersey’s credit-worthiness and ensuring tax fairness for the middle class. This foundation will support the final priority of investments in education, infrastructure – in particular NJ TRANSIT – and an innovation-driven economy.

“The budget enacted today is a victory for working families in New Jersey in many different ways—it supports middle-class priorities, invests in education, makes a record investment in NJ TRANSIT, provides property tax relief, and so much more,” said Murphy when he signed the budget into force.

But Murphy also has his eye on further priorities to strengthen the 2020 plan amid more effective tax revenues. “This is a budget that does not include tax fairness, does not ask opioid manufacturers to help fund addiction services, and does not raise gun fees that have been untouched since 1966,” he said. “These common-sense revenues would have allowed us to save for a rainy day and sustainably fund necessary investments for New Jersey’s nine million residents.”

To learn more, visit:

https://www.phila.gov/departments/philadelphia-city-planning-commission/ 

https://www.jerseycitynj.gov/cityhall/mayorfulop

 

Spotlight On: Donald Borden, President, Camden County College

Spotlight On: Donald Borden, President, Camden County College

By: Yolanda Rivas

2 min read December 2019 — Beyond typical degree programs, South New Jersey’s Camden County College is challenged to keep up with demand for certifying students like automobile technicians and machinists. The school is attracting increased involvement from local business and the industrial community to tailor its courses to the market’s demands. The Invest: team recently spoke with Camden County College President Donald Borden, who highlighted the areas of growth for the college and the region’s workforce.

Which of the college’s programs are experiencing more demand?

 

We have the most certification programs in southern New Jersey. In terms of what is in demand, we can’t keep our machinists on the floor. Companies come to hire them as soon as they become proficient. Students trained in robotics, automobile tech and optometry all find work after graduating. We offer some of those programs that are not traditionally seen as higher ed, but they have been in very high demand. We also continue to graduate students in the areas of business and education, as well as criminal justice, to name a few. The important factor is to have the connections that provide students with opportunities, such as the police academy, which we oversee here in Camden County.

 

As the college’s 2017-2020 strategic plan winds down, what factors will be central to the next plan?

 

We are already working on our next strategic plan. What is encouraging is that much of the focus in our town halls or when talking to our stakeholders is making sure our strategic plan includes partnering with business and industry. We have really increased the number of businesses and industries on our advisory boards, and my view is that we have to be servants to those individuals. It used to be that higher education was a “take it or leave it” proposition, but now we need to understand what the business community needs from our graduates. They have an opportunity to weigh in on our curricula and program development. As a result, when our graduates enter the local business community it helps them, it helps the business community and industry, and it helps the community in general.

What impact is technology having on education?

 

It is not just instructional. When you talk about automobile techs, I don’t think they can be called mechanics anymore. They are technicians who are very involved in the computer technology business. I think that is true in almost any area. How does that affect us? Instructionally, we need to be meeting the needs of those businesses and industries, which is where the advisory boards and partnerships come in.  We need to know what kind of equipment our students need to be trained on. That is true of both certification programs and degree programs.

 

In addition, sometimes we need to rely on those partners to help us with equipment, because of financial issues. But even beyond that, our students live in that world on a day-to-day basis, so we try to help them. More students are simply living their education through technology. We are also expanding our online programs, which is an area of focus as we work to have more degree options available online.

 

What main challenges is the college and the education sector in South Jersey dealing with?

 

One of the main challenges for all of us is fewer traditional students graduating from high school. That population is diminishing and that makes it more competitive for all the institutions that serve those students. 

 

Another challenge that we face, and which is very typical in public institutions, is state and federal funding. Our county has been extremely generous. Most recently, the community college opportunity grant has had an influence on how we do business. It provides every student making $65,000 or less in combined yearly family income with free tuition at local community colleges.

 

To learn more about our interviewee, visit:

Camden County College: https://www.camdencc.edu/ 

Public and Private Collaboration Key to Camden’s Eds and Meds Corridor

Public and Private Collaboration Key to Camden’s Eds and Meds Corridor

By: Yolanda Rivas

2 min read December 2019 — The life sciences industry is one of the fastest-growing industries in New Jersey, with the largest concentration of scientists and engineers per square mile in the world. The southern New Jersey region is no exception, with Camden’s “eds and meds” corridor boasting numerous healthcare, educational and research institutions.

The city’s eds and meds corridor has been experiencing steady growth over the last few years, thanks to the commitment of anchor institutions and the city’s leadership. According to Cooper’s Ferry Partnership statistics, the corridor employs almost 40% of the Camden workforce and over $1 billion has been invested in the “eds and meds” sector, with an additional $175 million planned. 

Created in 2012 by the New Jersey Medical and Health Sciences Education Restructuring Act, the Rowan University / Rutgers – Camden Board of Governors has been a catalyst in the corridor’s extension and economic development. In October, the board reached a milestone with the opening of the new Joint Health and Sciences Center, which provides lab and training spaces for Rowan University, Rutgers-Camden and Camden County College. 

“By leveraging the power of these institutions, the Center is poised to become the research and innovation hub of South Jersey. This campus will be the beating heart of Camden’s eds and meds corridor, injecting opportunity, growth, and innovation throughout the entire region,” said  Joint Board CEO Dana Redd in a press release. 

The center houses research laboratory spaces for both Rowan and Rutgers-Camden, simulation rooms for medical students at Cooper Medical School of Rowan University, instructional space and additional simulation labs for Camden County College, and office space for the Joint Board, according to the press release. The center will help expand the city’s transformation into a hub for medical research and innovation and attract top talent into the region. 

Camden’s “eds and meds” corridor growth is also due to the numerous partnerships between healthcare and education organizations in the area. These community collaborations and initiatives have helped combat social determinants and support local residents. For example, Camden residents now have expanded access to care as a result of efforts by institutions such as Cooper University Health Care, Virtua Health System, CAMcare Health Corporation and Camden Coalition of Healthcare Providers.  

The Coriell Institute for Medical Research, an independent, nonprofit biomedical research center, has been a leader in Camden’s health sciences sector. The institute hosts one of the world’s leading biobanks, distributing biological samples and offering research and biobanking services to scientists in 85 countries around the globe. By conducting groundbreaking research in biobanking, personalized medicine and stem cell biology, the Coriell Institute has been and continues to be a main driver of the corridor’s growth.

Another example is the MD Anderson Cancer Center at Cooper, which has also significantly contributed to Camden’s eds and meds corridor since its opening in 2013. The center not only brought a new option for cancer patients across the region, but its innovative clinical trials and research has helped Camden’s reputation as a hub for groundbreaking healthcare research and education.

 

To learn more, visit:

Cooper’s Ferry Partnership: https://coopersferry.com/  

Rowan University / Rutgers – Camden Board of Governors: https://rurcbog.com/ 

Coriell Institute for Medical Research: https://www.coriell.org/ 

MD Anderson Cancer Center at Cooper: https://www.mdanderson.org/about-md-anderson/our-locations/md-anderson-at-cooper.html 

Invest: Philadelphia 2020 Launch highlights region’s education, healthcare and key economic sectors

Invest: Philadelphia 2020 Launch highlights region’s education, healthcare and key economic sectors

December 6, 2019

Invest: Philadelphia 2020 Launch highlights region’s education, healthcare and key economic sectors 

Jerry Sweeney, President & CEO of Brandywine Realty Trust, gave the keynote address at the launch of Capital Analytics’ second publication focusing on Greater Philadelphia.

Philadelphia, PA – Greater Philadelphia’s robust education industry, healthcare, transit and development sectors were the focal points in Capital Analytics’ second launch event for Invest: Philadelphia. The 2020 edition highlights the five-county region of Greater Philadelphia, including Philadelphia, Montgomery, Bucks, Delaware and Chester counties, with a special focus chapter on Montgomery County. 

The event was attended by over 350 high-level guests and officials from some of Philadelphia’s key industries and economic institutions. 

The official launch of the publication took place on Dec. 5, 2019, at The Westin Philadelphia. Following a short networking breakfast, Jerry Sweeney, President & CEO of Brandywine Realty Trust, gave a keynote address that underscored some of the major achievements of Philadelphia’s real estate sector and economy over the past 12 months. The keynote address was followed by three robust panel discussions.

The panels addressed major themes dominating Philadelphia’s economy: education, healthcare and transportation-oriented development. Chris Fiorentino of West Chester University, Dr. Guy Generals of Community College of Philadelphia, Dr. Chris Domes of Neumann University, and Damian Fernandez of Penn State Abington participated in the panel, “Thinking outside the box: Educating today for the jobs of tomorrow.” Jack Miller of Capital Analytics was the moderator. “Healthcare hub: A look at the driving force behind Philly’s economy” featured Ron Dreskin of EisnerAmper, Ellen Rosenberg of Amicus, Barry Eckert of Salus University and R. Carter Caldwell of the University of Pennsylvania Health System, guided by moderator Lauren Murdza of DLA Piper. The panel, “Philly on the move: A city taking new form with transit-oriented development,” featured moderator Susanne Svizeny of OceanFirst Bank and panelists Tricia Marts of Veolia, Ed Reitmeyer of Marcum and Liam Brickley of Bryn Mawr Trust.

“Philadelphia has a thriving and diverse economy that in 2019 solidified its position as a formidable local force and continued to be a major player in the global market,” said Abby Melone, president of Capital Analytics. “Philadelphia has proven that not only is it resilient, it knows how to adapt and transform. Our second edition of Invest: Philadelphia touches on this transformation, depicting a city that is embracing change and innovation to ensure a modern future. ”  

The Invest: Philadelphia publication from Capital Analytics is a 208-page economic analysis that highlights business opportunities for investors, entrepreneurs and innovators in the Philadelphia area. These include Philadelphia’s housing market that remains one of the hottest in the country, and the region’s real estate industry that is attracting increased interest from investors both domestically and abroad, particularly in the multifamily space. Utilities and infrastructure are covered in detail as the city looks to alternative sources of energy to sustainably grow and develop. Transportation is another leading topic, with the Philadelphia International Airport continuing to expand its reach and SEPTA making improvements to help keep counties connected via extensive bus and train routes.

Capital Analytics Shines a Spotlight on South Jersey

 

Invest: South Jersey to highlight key investment opportunities in the city 

December 2019

Seasoned media firm Capital Analytics has chosen South Jersey as the next destination to launch a focused annual report on investment opportunities offered by the city. Invest: South Jersey will bring together key industry leaders across the public and private sectors to provide commentary on South Jersey’s rise as an attractive investment destination in recent years.

Entering its sixth year publishing the highly praised flagship project Invest: Miami, Capital Analytics identified South Jersey as the next key market in its portfolio of annual economic reports. This newest edition will focus on the growing importance of South Jersey as a business hub and spotlight opportunities for investment.

Capital Analytics’ successful Invest: Miami venture allowed it to establish footholds in Atlanta, Greater Fort Lauderdale, Philadelphia, Tampa Bay, Palm Beach, Charlotte and Orlando, and the company has high expectations for its South Jersey undertaking.

“Invest: South Jersey will complement the Invest: Philadelphia publication, shining a light on an integral part of the region’s greater economic ecosystem. With a rich history and diversity and a unique and strong local culture, South Jersey plays a vital role in manufacturing, logistics, education and services,” said Jack Miller, Regional Director at Capital Analytics.

The Capital Analytics team has already started laying the groundwork for Invest: South Jersey and is looking forward to replicating its success in other markets, speaking to high-profile executives and leaders of key organizations in the area. This will be the most comprehensive independent report available on South Jersey’s vibrant business climate, seen through the eyes of those at the forefront.

New Jersey’s Gross Domestic Product (GDP) per capita is expected to reach $62,891 by 2022. South Jersey has a high level of education, with 40 higher education institutions, meaning new high-paying jobs in tech and science are opening up. Add to that a local government that understands the importance of attracting investment and South Jersey is the perfect place for investors to focus their attention. 

“At Capital Analytics, we are excited to begin conducting interviews and compiling research on the South Jersey market in anticipation of the first edition of Invest: South Jersey,” said Miller. “We look forward to discussing the many efforts of both the public and private sectors to reinvigorate the area, attract business and investment and bring awareness to exciting developments in South Jersey.”

Capital Analytics produces in-depth business intelligence with a focus on providing comprehensive investment knowledge on markets within the United States for the domestic and global business community. Over a six-month research period, it meets with more than 200 top political, commercial and industry leaders to deliver targeted information, in-depth analyses and strategic insights to the global business community on economic trends and investment opportunities.

Its first publication, Invest: Miami, has a global readership and includes among its readers top executives working in real estate, finance, technology, trade and logistics, health, hospitality and others. Books are distributed locally, nationally and globally to trade and investment boards, executives of Fortune 500 companies, institutional investors, consulates and embassies, hedge funds, leading chambers and associations, as well as high-level summits and conferences.

 

 

For more information contact 

contact@capitalaa.com

TEL: 305-523-9708

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