WCRE is proud to have represented Ambrosia Real Estate of NJ, LLC in the sale of the real estate housing Pinelands Recovery Center of Medford located at 283 Old Marlton Pike, Medford, New Jersey to a private investor.
Situated on +/- 45 acres, Pinelands Recovery Center is a three (3) building complex totaling +/- 40,000 square feet. Currently, the operator has 60 residential beds for patients. The purchaser was intrigued by the long-term lease and the included adjacent land parcel for future expansion.
Jason Wolf, Managing Partner, and Evan Zweben, Executive Vice President at WCRE exclusively represented the Seller in this transaction.