PHILADELPHIA—MRA renovated the space, which previously was home to a family medical practice, to include seven exam rooms, a radiographic x-ray room, a clinical laboratory, and a centralized nursing station.
NEPTUNE, NJ—The transaction also included short term tax-exempt bonds issued by the New Jersey Housing Mortgage Finance Agency and $8.4M in low income housing tax credits.
HARLEYSVILLE, PA—Institutional Property Advisors, a division of Marcus & Millichap specializing in serving institutional and major private real estate investors, brokered the transaction.
SOUTHAMPTON, PA—The NAI Mertz team of Jeffrey Licht and Adam Lashner has brokered more than 85,600 square feet of industrial and flex space transactions throughout Bucks County and the greater Philadelphia region.
BRIDGEWATER, NJ—The 55,000-square-foot, three-story Bank of America building will accommodate five specialty practices initially, with others to arrive later this year.
HAZLET, NJ—Onyx Equities has acquired Kmart Plaza in Hazlet, NJ, a 204,000 square-foot center anchored by Kmart, with additional tenants including Bank of America, TGI Friday's, GNC, GameStop and Payless Shoes, for $26.2 million.
