Cooper buys Camden building in expansion push

Cooper University Health Care confirmed recently that it has purchased a 102,000-square-foot property across from Cooper University Hospital.

The deal for the building, at 101 Haddon Ave., was first reported by the Philadelphia Business Journal, which said the Camden-based health system paid $16 million for it. The journal noted the Camden County Improvement Authority had paid the state $13.95 million for the building in 2017.

“The purchase of the building at 101 Haddon Ave. in the city of Camden affords Cooper University Health Care, South Jersey’s leading academic health system, serving more than 1.6 million patients annually, the opportunity to expand to meet the growing demand for its services,” a Cooper spokesperson told ROI-NJ.

“The planning process for the facility is in the early stages to determine which clinical services will be located in the building to best serve the needs of the community.”