Wednesday, April 24, 2013

Gladstone Commercial Corp Pays $5.7M for Delilah Office Bldg

Gladstone Commercial Corporation acquired the office building at 6725 Delilah Rd. in Egg Harbor Township, NJ for $5.65 million, or about $193 per square foot, following a long bidding process. 

The two-story, 29,257-square-foot office building was built in 1985 on 3.9 acres in the South New Jersey submarket of Philadelphia, part of the Delilah Office Park. It includes administrative and office space fully leased to AtlantiCare Health System, Inc., the region's largest non-profit healthcare organization, with 11 years remaining on the lease. 

www.omegare.com

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