"On a national level, medical office space continues to be an attractive investment in the commercial real estate market, due to the increasing need for modern, cutting-edge medical facilities to accommodate new medical technologies and the aging Baby Boomers," Lizzack tells GlobeSt.com. "In New Jersey, meanwhile, Warren County has been on the forefront of medical office development."
The new class A medical facility office will be located directly adjacent to a recently developed hospital campus building and is accessible from Routes 46 and 80. Amenities include a rooftop mounted HVAC system, perimeter demised walls, common area restrooms, a state-of-the-art reception/lobby area, gurney-sized elevators, handicap accessibility and a vestibule entrance. Once completed, this new office facility will add more than 90 on-site surface parking spaces to HRMC's existing spots.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.