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JLL Arranges Refi on “Premier” West Orange MOB
JLL Capital Markets arranged refinancing for the Atkins Kent Medical Building, a 120,501-square-foot medical office building in West Orange, NJ. The firm’s Michael Klein and Max Custer worked on behalf of Atkins Companies to secure the fixed-rate loan through a national life insurance company.
The Atkins Kent Medical Building is located at 101 Old Short Hills Rd., immediately adjacent to the RWJ Barnabas Health Headquarters and across the street from Saint Barnabas Medical Center. At the time of closing, it was 100% occupied with 42% of the building leased to RWJ Barnabas Health and its affiliates.
“The Atkins Kent Medical Building has been one of Northern New Jersey’s premier medical office buildings since its construction in the ‘80s given its location directly across the street from the growing Saint Barnabas Medical Center, the area’s exceptional demographics and the building’s proximity to a strong highway infrastructure,” said Custer.
For comments, questions or concerns, please contact Paul Bubny
- ◦Financing
