New Jersey health system buys 63K-square-foot medical office building

A  63,000-square-foot medical office building in Clifton, N.J., has sold, NJ BIZ reported Sept. 22. 

Advertisement

The unnamed buyer plans to construct a 20,000-square-foot ASC on the top floor of the medical office building. There are 43,000 square feet of leasable space available. 

Financial terms were not disclosed, but the buyer is a regional healthcare system, according to the report. 

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.