$13M Morristown Medical Office Sale Leads Local Deals

$13M Morristown medical office sale leads local deals

The basics: Pentaurus affiliate acquires Morristown medical office building for $13.2M Located near Morristown Medical Center in top submarket Cushman & Wakefield, NAI Hanson, Marcus & Millichap close transactions Part of broader trend of strong medical office demand in NJ Cushman & Wakefield announced the sale of a boutique medical office building in Morristown Monday, the latest in a string of local deals underscoring the resiliency of the se…

Silverman Group sells Morris Township medical office building for $13 million, C&W says – Real Estate NJ

Madison Avenue Medical Plaza at 310 Madison Ave. in Morris Plains — Courtesy: Cushman & Wakefield By Joshua Burd The Silverman Group has sold a more than 58,000-square-foot medical office building outside Morristown for $13.2 million, in a newly announced deal by Cushman & Wakefield. According to the listing team, an affiliate of Pentaurus Properties purchased the property at 310 Madison Ave. in Morris Township. Brokers noted that the three-stor…