Page 12 - RE-NJ

10 JANUARY 2023
STATE COMPLETES SALE OF FORT
PARCEL FOR RWJBARNABAS CAMPUS
important health education and wellness services for the entire community,” FMERA Executive Director Kara Kopach said. “MMC’s decision to offer world-class cancer care in Tinton
Falls is game-
changing.
Not only will
residents
benefit from
convenient
access to
critical
Kara Kopach services, health
care providers and their support professionals will also reap
the benefits of increased job opportunities in the region.”
and parking for 32 trailers and 149 cars, according to a news release. JLL noted that the facility has a 20-year payment in lieu of taxes agreement that will reduce real estate taxes on the building for the long term.
HD Supply currently operates from
3 Enterprise Ave. North in Secaucus, the brokerage team said. Its new home will maintain its proximity to Manhattan and to the nation’s largest population hub, while providing easy access to the New Jersey Turnpike, Port Newark-Elizabeth and Newark Liberty International Airport.
“We are thrilled to welcome HD Supply to Harborview, a development that will continue to contribute to
the Bayonne economy while filling a void for modern logistics space at the heart of the metropolitan region,” said Vincent DiDomenico, president and founder of Delta Equity Management.
The purchase by the hospital and its parent organization, RWJBarnabas Health, comes more than five years after FMERA began to market what’s known as Parcel F-1. The property was the longtime site of the 750,000-square-foot Myer Center and Night Vision Lab, a distinctive hexagonal structure that housed the Army’s Electronics Command, but the age, size and construction of
the building led to limited interest initially.
In 2017, the state Economic Development Authority agreed to acquire the parcel from FMERA to fund the abatement and demolition of the massive facility, recognizing the increased marketability and redevelopment potential of a vacant parcel, the agency said. That prompted an unsolicited
offer from RWJBH to buy the site and the creation of an agreement involving the EDA, FMERA and the hospital system, in which FMERA became the property’s designated redeveloper.
In a separate announcement, RWJBH said the outpatient facility will be dubbed the Vogel Medical Campus, made possible by a historic $50 million gift to MMC from local philanthropists Sheldon and the late Anne Vogel. While the facility will have same-day surgery, advanced diagnostic imaging and on-site specialty physician offices, the cornerstone is a comprehensive cancer center in partnership with Rutgers Cancer Institute of New Jersey, the state’s only National Cancer Institute-designated Comprehensive Cancer Center.
All services will be provided in
a park-like setting designed to promote a healing environment by embracing the natural landscape with green vistas and outdoor seating and walking areas.
“We are excited to take ownership of the property and begin the process
of constructing a truly incredible facility,” said Eric Carney, CEO and president of MMC and Monmouth Medical Center Southern Campus. “The Vogel Medical Campus will enable us to further our mission to deliver truly outstanding care to our community. As an expansion of the MMC campuses in Long Branch and Lakewood, the Vogel Medical Campus is located within the communities we currently serve and will be designed to meet the unique needs of our diverse and growing community now and in the future.” RE
The state has completed its sale of a 36-acre parcel at Fort Monmouth — the onetime home of a Cold War-era research complex — where plans call for a long-awaited, sprawling health care campus to be operated by Monmouth Medical Center.
According to the Fort Monmouth Economic Revitalization Authority, the project’s first phase will include a roughly 138,000-square-foot cancer center and ambulatory care pavilion with oncology services, imaging, radiation and an ambulatory surgery
center. Construction is slated to begin in 2023, pending all necessary approvals, following Monmouth Medical Center Inc.’s purchase of the property on Dec. 16.
The parcel is located at Corregidor Road and Pearl Harbor Avenue,
in the Tinton Falls section of
the historic former U.S. Army base. Terms of the sale were not disclosed.
“This state-of-the-art project will provide expanded access to exceptional care and offer
HOME DEPOT AFFILIATE TAKES 196,000 SQ. FT. IN BAYONNE
Courtesy: JLL
An affiliate of Home Depot has leased nearly 200,000 square feet at a soon- to-be-built industrial property in Bayonne, in a newly announced deal by JLL.
The North American distributor, HD Supply, is expanding and relocating to 71 New Hook Access Road from its current home in Secaucus. It’s leasing the full building from Delta Equity Management, which is developing the 195,723-square-foot facility near the city’s former Marine Ocean Terminal.
JLL Northeast Industrial Vice Chairman Joel Lubin and Managing Director Gary Politi represented ownership in the seven-year lease. Kellen Murphy, managing partner of
Murphy Schiller & Wilkes LLP, also represented the landlord.
“With its state-of-the-art infrastructure, freestanding location and unrivalled accessibility, Harborview Logistics Center is an ideal location for a company seeking to accommodate consumer demand for rapid delivery,” Lubin said. “The northern New Jersey industrial market has a significant shortfall of available space, and this brand-new property at the heart of the nation’s most populous area had significant appeal.”
Slated for completion in January,
the new building has 46 dock doors and two drive-ins, with 40-foot clear ceiling heights, a 135-foot truck court
Delta Equity Management LLC is set to deliver the 195,723-square-foot Harborview Logistics Center, as shown in this rendering, at 71 New Hook Access Road in Bayonne