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New York & Tri-State  + New Jersey  + Healthcare  | 

Avison Young Tapped to Oversee Repositioning of North Jersey MOB

Avison Young’s New Jersey office has been retained by Altera Fund Advisors for a comprehensive repositioning assignment to convert 769 Northfield Ave. in West Orange, NJ into a Class A medical facility, which will be reintroduced as the Essex Medical Center. The services firm will be involved in all aspects of the redevelopment, overseeing the construction and project management, property management and leasing of the 70,000-square-foot property.

An Avison Young team led by managing directorJeffrey Heller will be supported by VP Gabriel Sasso on project and construction management with SVP Steven Geltzeileroverseeing leasing. Property Management will be directed by senior portfolio managerDennis Sherry.

“We have a longstanding relationship with Altera and look forward to working together throughout each phase of 769 Northfield Ave.’s conversion from a Class C building into a top-of-the-line, Class A medical facility that will serve the Northern New Jersey market,” said Heller.

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Inside The Story

Avison Young’s Heller

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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