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Rendina and Artemis Companion to Purchase Clifton MOB – Join CRE


Rendina Healthcare Actual Property lately acquired a 62,535-square-foot medical workplace constructing at 1135 Broad St. in Clifton, NJ for an undisclosed sum. Rendina partnered with Artemis Actual Property Companions on the acquisition as half of a bigger programmatic three way partnership relationship. 

Main tenants within the constructing embrace St. Joseph’s Well being and Kids’s Specialised Hospital. The latter is an RWJBarnabas Well being group and trade main healthcare supplier for kids. 

“This asset is a pure slot in our portfolio,” stated David B. Rendina, EVP – growth & acquisitions at Rendina, “and we’re excited to develop our relationship with two of probably the most distinguished healthcare suppliers in New Jersey. We’re dedicated to making sure this facility continues to function a location the place the residents of Clifton and surrounding communities can go to obtain the best high quality of healthcare within the space.”  

 Debt financing for the transaction was secured by way of Capital One. 


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