Cooper University Health Care (Cooper) has bought a five-story, 102,000-square-foot building in Camden, NJ for $16 million.
According to a Cooper spokesperson, Wendy Marano, this purchase gives Cooper the “opportunity to meet the growing demand for its services.”
Camden County has been seeking a new use for the building that would create more jobs and build economic growth. “This is another piece of the continued growth and expansion to the ever-evolving eds and meds corridor in Camden City creating another revitalized asset for prime office space in the downtown,” said Camden County spokesman, Dan Keashen.
Camden was referred to as an “Eds and Meds” corridor after the opening of a new health care center in November of 2019. The center is in partnership with Rowan University, Rutgers-Camden, Cooper Medical School of Rowan University, and Camden County College, and is expected to drive future job growth and economic activity in Camden.