Samaritan Healthcare & Hospice has secured a new headquarters space in Mount Laurel, according to WCRE, which represented the not-for-profit hospital in the deal.
WCRE said on Tuesday Samaritan completed a long-term lease at a 27,000-square-foot, free standing office building located at 3906 Church Road. The property is within immediate access to Interstate 295 and the New Jersey Turnpike.
Samaritan plans to relocate its entire Marlton office at the start of 2020, WCRE said, where it has occupied about 21,000 square feet for more than 20 years.
“It’s an exciting time for Samaritan. A new year, new expanded services, and a new home,” Mary Ann Boccolini, CEO ad president of Samaritan Healthcare & Hospice, said. “The expanded space in the new building will enable us to support our growing family of services and employee base that touches over 10,000 lives every year. This new space will support our growth in years to come as we provide more and more essential healthcare services across the healthcare continuum to more and more people in South Jersey and surrounding communities.”
Ownership of 3906 Church was represented by Evan Zweben at Colliers International and Veritas Real Estate.
“This assignment showcases our ability to work with multiple parties to structure a long-term investment and redevelopment transaction that will provide excellent outcomes for everyone involved,” Jason Wolf, managing principal, WCRE, said.