A 15,000-square-foot medical office building in Hackensack, New Jersey was sold for $3.7 million. Located at 146 Rt. 17, the four-story Class A building has previously operated as a medical office with a surgical center and features back offices and patient rooms that were delivered vacant upon sale of the property. The facility also offers 48 surface parking spaces to its occupants or visitors.
JLL represented the seller Procida Funding & Advisors in this transaction with a team led by Brendan McBride and Nicolas DeCotiis while Jaime Zimmel of Zimmel Associates represented the purchaser’s interests throughout negotiations leading up to closing on this deal..
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EAH Housing Launches Affordable Development in Altadena – Affordable Housing in Altadena by EAH Housing
EAH Housing, a nonprofit developer, has begun construction on Agave in Altadena. This 58-unit affordable housing development will feature one-