News Release: Rendina Opens Northeast Regional Office in New Jersey

LIVINGSTON, N.J., March 4, 2015 – Rendina Healthcare Real Estate, a leading real estate partner to health systems across the nation, announced today the opening of a new regional office in Livingston, N.J.  The new office comes on the heels of significant growth for the company in the region over the past several years.  Rendina now owns 135,000 square feet of medical office space in New Jersey, with another 130,000 square feet under construction and an additional 175,000 square feet in the planning stages.
This is the sixth office for the Florida-based developer. With more than 25 years of experience, including over 100 projects developed throughout 15 states, the move to establish a more permanent presence in the Northeast is a natural expansion step for Rendina.

“This investment reflects the long-term commitment we’ve made to our clients here,” says Richard M. Rendina, Chairman & CEO of Rendina. “We’re a relationship-based firm with a proven track record.  We take great pride in more than 75 percent of our business being repeat business.”

While Rendina has had previous experience in the Northeast, its recent development and management activity stems from a partnership with New Jersey’s largest healthcare system, Barnabas Health. The relationship was formed several years ago, when Rendina first collaborated with system leaders and formulated a plan that entailed a dramatic campus redevelopment for one of its leading hospitals.

“The new office will allow us to better serve our physician and hospital partners in the region,” said Steve Barry, Executive Vice President for Rendina. “We work collaboratively with them to create spaces that respond to the changing nature of the healthcare delivery model, and having a permanent presence in the market allows us to provide a personal touch on a daily basis.”

About Rendina
Rendina is a trusted national leader in healthcare real estate, providing a full-service platform that includes the design, development, acquisition, leasing and management of healthcare real estate.  A partner to healthcare providers for more than 28 years, Rendina is privately held and has developed more than 7 million square feet of real estate throughout the country. Rendina has offices in Jupiter, Fla.; Dallas; Tucson, Ariz.; Solana Beach, Calif.; Cincinnati; and Livingston, N.J.

For more information or questions, please contact Steve Barry, Executive Vice President, Business Development & Leasing, at 866-630-5055, or visit our website at rendina.com.

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