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..
![Austin Retail Occupancy Rates Remain High](https://cremarketbeat.com/wp-content/uploads/2024/07/Weitzman-Mall.jpg)
Austin Retail Occupancy Rates Remain High
At mid-year 2024, Austin’s retail market boasts a strong occupancy rate due to robust demand and the completion of new