New Jersey medical office building sold

A medical office building in Fair Lawn, N.J., has been sold, roi-nj.com reported Aug. 26.

The property is two stories and 25,944 square feet.

2300 RT 208 sold the building to TYH Acquisition. NAI James E. Hanson represented both parties in the transaction.

"Medical office buildings that have long-term, in-place leases have proven to be a growing commodity in the northern New Jersey marketplace," Darren Lizzack, vice president of NAI James E. Hanson, told roi-nj.com.

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