Kings Row Medical Properties has acquired a medical office/surgery center in Bridgewater for $10.5 million. The property, located at 1081 US Route 22, spans 2.5 acres and offers a total area of 24,200 square feet. The transaction was facilitated by Erica Davidson of Lee & Associates.

Summary of transaction details

• Property Type: Medical Office
• Transaction Amount: $10,500,000
• Address: 1081 US Route 22
• Market: Bridgewater
• Area: 2.5 acres

The medical office/surgery center benefits from a strategic location, with strong demographics in the area. It houses prominent orthopedic and physical therapy practices, as well as state-of-the-art surgery centers, making it an appealing investment for Kings Row Medical Properties.

Gary Sopko, also from Lee & Associates, served as the mortgage broker for the transaction, ensuring a smooth financing process for the buyer. The acquisition of this medical office aligns with Kings Row Medical Properties' strategy to expand its portfolio in the healthcare sector.