$21.4M New Jersey medical office complex with orthopedic practice sold

The Cherry Hill (N.J.) Office Center , a 185,000-square-foot office complex with five buildings, was sold by Lakewood Equity for $21.4 million, according to an Aug. 26 report from Commercial Property Executive.

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Tenants include Garden State Orthopedics, Quest Diagnostics, Cooper University Healthcare, Camden County Bar Association and Bala Financial Group. 

The property last changed hands in 2017, when it was traded for $16.7 million. 

Other medical office complexes sold this year include a space in Oklahoma that sold for $1.45 million, a 65,658-square-foot space sold in New Jersey and a 110,780-square-foot space sold in Ohio.

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