Atkins Cos Acquires Medical Office Building In Fair Lawn New Jersey For $22 Million

The medical office building located at 17-17 New Jersey Highway 208 in Fair Lawn, NJ, was sold for $22,000,000. The property spans 151,339 square feet, resulting in a sale price per square foot of $145.

Summary of transation details:

• Property Type: Medical Office
• Transaction Amount: $22,000,000
• Address: 17-17 New Jersey Highway 208
• Market: Fair Lawn, NJ
• Square Footage: 151,339
• Price Per Square Foot: $145
• Buyer: Robert E. Atkins - Atkins Cos
• Seller: Bill Glazer - Keystone Development + Investment
• Brokers: Brannan Knott, Christopher Bodnar, Daniel Blumenkrantz, Douglas Rodio, Jeffrey Dunne & Travis Langer - CBRE

Atkins Cos. acquired the property from Keystone Development + Investment, facilitated by CBRE, which represented the seller and secured the buyer in this transaction.