A joint venture has acquired a nearly 41,000-square-foot medical office building and an adjacent parking garage in downtown Montclair for $17.9 million, in a deal arranged by CBRE. The brokerage team represented the undisclosed seller and procured the buyer, a partnership of BGO and Anchor Health Properties, in the transaction at One Seymour Plaza. The deal comes four years after the opening of the 40,785-square-foot building, which is fully leased to Summit Health, as part of a major mixed-use project around the acclaimed Wellmont Theater.
Read the full article: BGO, Anchor Health Buy 41K Sq. Ft. Montclair Medical Office Building for $17.9M //
Source: https://re-nj.com/bgo-anchor-health-buy-41000-sq-ft-montclair-medical-office-building-for-17-9-million/