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HFF: Medical office sale 'largest in NJ'

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435, 465 and 475 South St., Morristown.
435, 465 and 475 South St., Morristown. - ()

Holliday Fenoglio Fowler LP is touting “the largest medical office sale in the state of New Jersey”: a three-building, 538,107-square-foot property in Morristown.

HFF represented the seller, National Business Parks Inc., and procured the buyer, Harrison Street Real Estate Capital LLC.

Senior Director Bob Appel, Senior Managing Director Jose Cruz, Managing Director Evan Kovac and Associates Matthew DiCesare and J.B. Bruno of the HFF investment advisory team represented National Business Parks.

The three buildings at 435, 465 and 475 South St. are currently more than 90 percent leased to Atlantic Health System, whose main hospital is located a mile away.

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Jessica Perry

Jessica Perry

Jessica is the Web Editor for NJBIZ. You can reach her at jperry@njbiz.com.

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