News Release: Just Closed: Thomas Park Investments and Welltower 2A Princess Road, Lawrenceville, New Jersey

JLL Medical Properties Group (Capital Markets) is pleased to announce that it advised Thomas Park Investments and Welltower on the equity placement for the acquisition of 2A Princess Road, a 20,000 square foot, two-story, core outpatient medical clinic and surgery center in Lawrenceville, New Jersey.

The Seller, Mercer County Surgery Center, occupies the majority of the fully leased healthcare property, an outpatient ambulatory surgical center dedicated to a broad range of surgical procedures serviced by over forty physicians, which Virtua Health recently completed a majority stake acquisition in. Last year, the center was named the #1 ambulatory surgery center in New Jersey and the 15th best in the United States by Newsweek Magazine.

Since 1988, Mercer-Bucks Orthopaedics has been serving the New Jersey area offering surgical and non-surgical procedures along with occupational and rehabilitative physical therapy across five practice locations across New Jersey and Pennsylvania.

The JLL Medical Properties Group (Capital Markets) was led by Managing Director Brannan Knott, Senior Managing Director Mindy Berman, Director Anthony Sardo and Associate Landon Weaver.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.  The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients – whether investment sales and advisory, debt advisory, equity advisory or a recapitalization.  The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

Managing Director

+1 617 316 6508

Senior Managing Director

+1 617-316-6539

Associate

+1 617 531 4197

Director

+1 617 531 4198