OrbVest Acquires Medical Office In East Windsor For $20M

The medical office located at 300A & 300B Princeton Hightstown Road in East Windsor has been sold for $20,000,000. The property spans 80,000 square feet, resulting in a price per square foot of $250. The sale transaction took place on June 1, 2021. The buyer of the property is OrbVest, represented by Martin Freeman and Wythe Medical Properties. The seller in this transaction is Gordon Group. The brokerage services were provided by Kim Kretowicz of Colliers.

Summary of transation details

• Property Type: Medical Office
• Transaction Amount: $20,000,000
• Address: 300A & 300B Princeton Hightstown Road, East Windsor
• Market: East Windsor
• Buyer: OrbVest - Martin Freeman & Wythe Medical Properties
• Seller: Gordon Group
• Broker: Kim Kretowicz - Colliers
• Square Footage: 80,000
• Price per Square Foot: $250

Martin Freeman and Wythe Medical Properties represented OrbVest in the transaction as their brokers. This successful deal showcases the strategic investment made by OrbVest in the East Windsor medical office market. The involvement of Kim Kretowicz from Colliers as the broker adds another layer of expertise to the transaction.