Marlton, N.J.-based Virtua Health is a major tenant of a 40,218-square-foot office building in South Jersey sold for $4.5 million, according to an Oct. 2 report from the Philadelphia Business Journal.
The sale was brokered by Evan Zweben of Colliers International, and it breaks down to $112 per square foot, the report said. The seller was a physician who practices and owns a building in the same block.
Other tenants include South Jersey Gastroenterology and Advocare ENT.
"The fill-in vacancy definitely restores the value that was there, and now these two doctors own each of their buildings," Mr. Zweben said in the report. "It's a win-win for everyone."
Read the full report here.
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