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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.
- ◦Development
