EGG HARBOR TOWNSHIP, NJ—Gladstone Commercial Corp., based in McLean, Va., has purchased a 29,257-sq.-ft., two-story office building in Egg Harbor Township, N.J. for $5.65 million. The property includes administrative and office space that is currently leased to AtlantiCare Health System Inc.
"Acquiring this high quality facility is consistent with our growth strategy," said Matt Tucker, director. "The buyer and seller teams worked together seamlessly to navigate a complicated subdivision process to execute a successful transaction for all parties."
Gladstone Commercial Corp. is a real estate investment trust (REIT) that invests in and owns net leased industrial, commercial and retail real property and makes long-term industrial and commercial mortgage loans.