Hillsborough medical office building sells for $5 million, Marcus says

Feb 28, 2020 | Deals, Education, Office

751 Route 206 in Hillsborough — Courtesy: Marcus & Millichap Capital Corp.

By Joshua Burd

A private buyer has paid more than $5 million for a 16,250-square-foot office building in Hillsborough, in a newly announced transaction by Marcus & Millichap Capital Corp.

Charles Loccisano and Michael Lombardi, investment specialists in the firm’s New Jersey office, represented the unnamed LLC in its purchase of 751 Route 206. The property is home to RWJ Urgent Care among its four tenants.

The building changed hands for $5.01 million.

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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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