Announced
Completed
Financials
Tags
United States
Friendly
Real Estate Holding and Development
Real Estate
medical office building
Completed
Private Equity
Private
Majority
Acquisition
Domestic
Synopsis
Rendina Healthcare Real Estate, a healthcare real estate developer, and Artemis Real Estate, a private equity firm, completed the acquisition of a 62,535-square-foot medical office building located at 1135 Broad Street in Clifton, NJ. Financial terms were not disclosed. "This asset is a natural fit in our portfolio and we are excited to expand our relationship with two of the most prominent healthcare providers in New Jersey. We are committed to ensuring this facility continues to serve as a location where the citizens of Clifton and surrounding communities can go to receive the highest quality of healthcare in the area," David B. Rendina, Rendina Executive Vice President.
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