Zimmel Associates, a commercial real estate brokerage firm is pleased to announce its successful representation of a surgical company for the acquisition of a highly desired medical office building located at 146 Route 17 in Hackensack, New Jersey, for a purchase price of $3.7 million.
Leveraging his expertise and industry connections, Jaime Zimmel, Vice President of Zimmel Associates, facilitated the successful acquisition of this property for his clients who needed a medical building that would accommodate a surgical center. The fact that this building was already built out to suit the buyer’s needs, made it an ideal location for Zimmel’s client.
The four-story, modern office building, located in the bustling city of Hackensack, boasts a generous 15,300 square feet of space, featuring an on-site surgical center with patient rooms and a back office, 48 surface parking spaces, and frontage on Route 17. Its strategic location, directly off I-80, with close proximity to Routes 3,4,46 and I-95/NJ Turnpike, offers excellent visibility and accessibility, ensuring a steady flow of traffic and business opportunities for tenants.
JLL represented the seller, Procida Funding & Advisors, LLC, and Jaime Zimmel, Vice President of Zimmel Associates represented the buyers.
“We are excited to have represented the buyers in the acquisition of this highly sought-after medical office building,” said Jaime Zimmel. “The property’s desirable location, move-in ready capability with outstanding features, make it an exceptional investment opportunity. Our team worked diligently to ensure a smooth and successful transaction.”
The new owners will occupy 11,500 square feet, and the remaining 3,800 square feet of medical space will be leased. Zimmel Associates has been retained as the leasing broker.
With a proven track record of over 30 years in the industry, Zimmel Associates has established itself as a trusted and reliable partner for commercial real estate transactions. The firm’s extensive knowledge of the local market, combined with its commitment to client satisfaction, has positioned it as a leader in the industry.
For more information about Zimmel Associates and their commercial real estate services, please visit their website at www.zimmel.com or contact their office directly at (732) 661-9200.
About Zimmel Associates
Zimmel Associates is a leading commercial real estate brokerage firm serving clients in New Jersey and the surrounding areas. Their team of experienced professionals offers comprehensive market analysis, property valuation, lease negotiation, and other real estate services to ensure successful outcomes for their clients.
