CAMDEN, NJ— Rutgers University—Camden has purchased the former Camden County Prosecutor’s Office across from Camden City Hall for $4.5 million.
The state university will use the building, located at 25 N. 5th St., for administrative offices, said university spokesperson Mike Sepanic.
Sepanic said the purchase allows the university to create an additional 20,000 square feet of student and classroom space on campus by moving non-student facing administrative offices into the prosecutor’s building
“We can’t put up a new building right now, but there are some ways we can create space,” Sepanic said Wednesday. The move is expected to be completed by the summer.
Rutgers purchased the building from Camden County, and the deal was closed last week, said Camden County spokesperson Dan Keashen.
The now Rutgers—Camden building is located next to the site where the university hopes to build its new business school. Currently, the lot on the corner of 5th and Market streets houses a methadone clinic, which is preparing to move.
The university is still looking to find the close to $80 million needed to build the new business school, Sepanic said. Currently, the university’s business school is housed on two floors of a campus building and approximately 2,000 students are enrolled.
In December, the Camden County Prosecutor’s Office moved to 200 Federal St.