$4M NJ Class A Medical Office Building Sold

$4M NJ Class A Medical Office Building Sold

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..

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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