Accordia announces acquisition of Warren Medical Campus

Nearly 10 years after selling Warren Medical Campus to another firm, Accordia is once again taking the reins of the three-building, 57,000-square-foot medical campus.

The campus has been a part of Accordia’s portfolio in some form since the firm’s inception in 2005. It purchased the property four months into its founding and owned it until 2015. At that time, Accordia continued to manage the property post-sale.

Home to several notable tenants in the health care field, including Summit Health, which has over 2,500 providers and 12,000 employees in its network, Warren Medical Campus also features other medical tenants including JAG Physical Therapy, Smile Warren, Warren Pediatrics Associates and Metro Vein Centers.

“I like to describe this as a full circle moment for Accordia,” Jason Bogart, the firm’s founding principal, said. “We have deep roots in the medical office commercial real estate space. To come back to one of our first properties nearly 20 years later, this time as a full-service real estate management firm, is a testament to our growth and the path ahead. We are looking forward to putting all our strengths to work on behalf of the Warren Medical Campus tenants.”

Accordia said it has plans for facility upgrades.  Expected renovations across all three buildings include:

● Updated corridors, new front glass doors, and new paint

● Renovated common area restrooms

● A new courtyard with seating and eating areas

● A manicured landscaping plan

● New signage for enhanced visitor and employee navigation

“Our job as owners and managers is to add more value to each property in our portfolio, for the benefit of our tenants and their clients and visitors,” Bogart said. “These capital improvements go a long way in attracting new tenants, keeping current tenants happy, and impressing the patients and visitors who come to this complex every day.”

Situated between Interstate 78 and Route 22 in Somerset County, Warren Medical Campus is centrally located and easily accessible.

“Warren Medical Campus is ideal for any interested medical practice who wants to be within proximity to some of the most well-known names in healthcare in the Garden State,” Frank Recine, principal at Accordia, who is spearheading the renovations and lease-up of available space, said.