MOB IN WEST ORANGE SELLS FOR $10.4M

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WEST ORANGE, N.J. — Cedar Knolls, N.J.-based Newmark Associates Commercial Real Estate Brokerage facilitated the $10.4 million sale of the 38,000-square-foot 475 Prospect Ave., a medical office building in West Orange. The property is currently 60 percent leased to tenants such as the Essex Specialized Surgical Institute, Omni Eyecare and Reproductive Medical Associates of New Jersey. Judith Tell Feldman of Newmark represented the seller, Prism Capital Partners, and the buyer in the transaction.

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