Monday, October 29, 2007

Jones Lang LaSalle

Last updated: October 24, 2007 10:09am
Bank Opens New 25,000-SF HQ
By Eric Peterson
CAMDEN, NJ-Susquehanna Patriot Bank has opened its new 25,000-sf headquarters at Steiner & Associates’ Ferry Terminal Building on this city’s waterfront, moving here from nearby Marlton. The move marks a couple of milestones: Susquehanna Patriot Bank is the first financial institution to be headquartered in Camden in more than two decades, and the recently completed 100,000-sf building is the first totally privately financed office building in Camden in at least 40 years.

“We serve customers and communities on both sides of the Delaware River,” says Joseph Lizza, president and CEO of Susquehanna Patriot Bank, which has 15 branches in South Jersey and another 22 in Pennsylvania, and approximately $2.1 billion in assets. “So this move places us in a very central, convenient location.”

The new four-story Ferry Terminal Building is an initial component of the Columbus, OH-based Steiner’s Cooper’s Crossing mixed-use waterfront development. The building itself includes three levels of office space, a restaurant and additional retail stores. At full build-out, Cooper’s Crossing will cover 30 acres and has a projected price tag in the $200-million range.

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