WCRE Completes Medical Office Investment Sale

1295 Route 38 Hainesport NJ

WCRE is proud to have exclusively represented Larchmont Partners, LLC in the sale of 1295 Route 38, Hainesport, New Jersey to Intrepid Ventures III, LLC. 

The site consists of two structures – a 13,005 SF, single story office building where Larchmont Imaging’s administrative headquarters has been housed for over 20 years, and a 7,625 SF storage facility, where they stored medical imaging files.  It is situated along Route 38 and offers easy access to I-295 and Center City Philadelphia. 

“This is the second asset Evan has sold for us in the past few months.  Once again, he provided us with realistic pricing expectations and mapped out a plan he was confident would lead us to a successful outcome.  Needless to say, it worked”, said Dr. Vincent Taormina, CEO of Larchmont Imaging. 

The sale of this property adds to WCRE’s growing number of successful Investment and 1031 transactions in the Southern New Jersey and Philadelphia region.

Evan Zweben, Executive Vice President at WCRE, exclusively represented the Seller in this transaction.