M id A tlantic Real Estate Journal — The Best of 2020 — March 19 - April 15, 2021 — 11C The LARGEST MEDICAL OFFICE LEASE of 2020 NAI Summit 236 Brodhead Road Bethlehem, PA Colliers International PA 406 Lippincott Drive Marlton, NJ Lee & Associates NJ 225 Minnisink Road Totowa, NJ
Size: 140,000 s/f, (2 phases) Brokers: Peter Rasmusson, Joe Tormen, Jason Lynch and Brian Lynch Lee & Associates NJ completed a 140,000 s/f build-to-suit transaction for St. Joseph’s Hospital for a newmedical office building in Totowa, NJ. Peter Rasmusson, Joe Tormen, Jason Lynch and Brian Lynch represented St. Joseph’s. Lee NJ is the exclusive advisor for St. Joseph’s, which has more than 75 locations throughout NJ.
Size: 9,445 s/f Broker: Sarah Finney-Miller
NAI Summit’s Sarah Finney-Miller represented the landlord of 236 Brodhead Road in Bethlehem, PA in the long term lease transaction with Salisbury Behavioral Health. The 9,400+ SF suite is located in a Class A office building that has recently completed extensive renovations and offers a beautiful glass atrium lobby. Salisbury Behavioral Health LLC is committed to providing person-centered services that are culturally competent, flexible, coordinated, accountable, and focused on individual’s strengths and values. This is one of their three locations in Pennsylvania. The property boosts ample parking, located in Lehigh Valley Industrial Park (LVIP) IV, with easy access to Routes 512, 22, 378, 33, and the LV International Airport.
Located at 225 Minnisink Road near I-80, the ground-up development project is unfolding in two phases: a new 60,000 s/f surgical center expected to deliver in Q4 2021 and a new 80,000 s/f cancer center expected to deliver in the Q2 2022 in a joint venture with Hackensack Meridian Hospital.
Size: 20,218 s/f Broker: Evan Zweben
Leased to Virtua Health for administrative offices, joining South Jersey Gastroenterology and Advocare ENT.
LEE & ASSOCIATES NEW JERSEY is honored to be named Mid Atlantic Real Estate Journal’s Best of 2020.
"Best Places To Work" "Largest Medical Office Lease" Brian Lynch, Jason Lynch, Joe Tormen, and Peter Rasmusson "Top Lease Brokers" Rick Marchisio and Drew Maffey "Top Lease Broker" David Saltzman
Brian Lynch, SIOR
611 River Drive, 4th Floor | Elmwood Park, NJ 07407 | 973.337.1144 110 Fieldcrest Ave., Suite 5 | Edison, NJ 08817 | 732.452.0750 3 Wing Drive, Suite 100 | Cedar Knolls, NJ 07927 | 973-396-2800
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