Boniakowski closes new medical condo, office building sales in Central Jersey

Sep 29, 2024 | Deals, Education, Office

35 Clyde Road in Somerset — Courtesy: The Boniakowski Commercial Real Estate Group

By Joshua Burd

An investor has acquired a 3,000-square-foot medical office condominium in Franklin Township, in one of two new deals by The Boniakowski Commercial Real Estate Group.

Todd Gannet, a senior vice president with the brokerage firm, represented a retiring doctor in the transaction at 35 Clyde Road in the town’s Somerset section. He and his team secured a buyer within weeks and subsequently signed a new lease with the outgoing provider’s parent organization, RWJBarnabas Health, to keep it in place at the property.

In the second transaction, Gannet represented the seller of a 6,000-square-foot office building at 430 Lake Ave. in the Colonia section of Woodbridge. A doctor with a growing practice paid an undisclosed price for the building after going under contract within a month of the listing date, the Green Brook-based broker said, citing its location and amenities as key factors in the deal.

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Joshua Burd

Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for 13 years. Many industry leaders view him as the go-to real estate reporter in the state, a role he is eager to continue as the editor of Real Estate NJ. He is a lifelong New Jersey resident who has spent a decade covering the great Garden State.

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