Cresa represents St. Joseph's Health System in Off-Campus Technology Center

Client
  • St. Joseph's Health System
Space
  • 27,000 sq. ft.
Industry
  • Healthcare
Locations
  • New Jersey
Services Provided
  • Transaction Management
Cresa Team
  • Jonathan Marks
  • Dennis Gralla

Client Objectives

  • Analyze current technology center and provide recommendations for a new center based on growth and new hire projections.

  • Consider markets and analyze options in each market that fit certain parameters in conjunction with two hospital locations.

  • Negotiate a deal that meets costs and talent objectives.

  • Negotiate a turnkey build out with new center opening in time for technology roll out.

Results

  • Found the ideal location for all current and future employees at both hospital locations.
  • Negotiated a below market deal at a Class A building.
  • Negotiated a turnkey build-out.
  • Successfully negotiated the deal in time for the board meeting and assisted in having the space built out in time for their opening.   

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