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New Jersey Medical/Office Property Sells for $22 Million

New Jersey Medical/Office Property Sells for $22 Million

by Phil Hall | Feb 11, 2025 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

A 151,339-square-foot medical/office building in Fairlawn, New Jersey, has sold for $22 million. Located along Route 208, the three-story property was built in 1986 and is anchored by Summit Health, which consolidated five area sites and practices at this location....
Connecticut Medical Building Sells for $19.1 Million

Connecticut Medical Building Sells for $19.1 Million

by Phil Hall | Nov 20, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Holly Pond Plaza, a 73,060-square-foot outpatient medical building in Stamford, Connecticut, was sold for $19.1 million. Built in 1981, the four-floor property is 100% leased to three medical tenants, with Summit Health (Walgreens Boots Alliance) occupying roughly...
Todd Meredith Steps Down as Healthcare Realty Trust’s Chief Executive

Todd Meredith Steps Down as Healthcare Realty Trust’s Chief Executive

by Phil Hall | Nov 12, 2024 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Nashville-headquartered Healthcare Realty Trust Inc. (NYSE: HR) announced that Todd Meredith will step down as president and CEO and as a member of the board of directors, effective immediately. No reason was given for Meredith’s departure. Board Chairman Knox...

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