GLADSTONE COS. ACQUIRES DATA FACILITY FOR $5.6M

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EGG HARBOR TOWNSHIP, N.J. — Gladstone Cos. has acquired 29,257-square-foot data facility in Egg Harbor Township, for $5.6 million. The building is fully occupied by AtlantiCare Health System Inc., which has 11 years left on its lease. The property is located at 6725 Delilah Road, about 15 miles west of Atlantic City. Camille Renshaw and Tom Georges of Stan Johnson Co. represented the seller, a private developer, and the buyer, Gladstone Cos., in the transaction.

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