New Hyde Park, N.Y.-based Northwell Health has purchased a medical office property in Merrick, N.Y., for $9.5 million, according to a Feb. 18 report from Long Island Business News.
The office is occupied by Northwell affiliate Orlin & Cohen Orthopedic Group, which has about three years remaining on its lease.
Northwell acquired the property to reinforce its long-term healthcare delivery plans for the region.
The health system purchased the 17,714-square-foot office from Berkeley Capital, the report said.
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