Cresa Medical Assists Sall Myers Medical Associates with Recent Growth Opportunities
RUTHERFORD, N.J., March 15, 2016 – Cresa’s medical practice group, a leading advisor to medical groups and hospitals and a division of Cresa, the largest firm to exclusively provide service to occupiers of office and industrial real estate in the world, announced today that they have represented Sall Myers Medical Associates on several recent projects.
Cresa NJ – North/Central Principal Dennis Gralla, and Jonathan Marks, the director of Cresa’s medical practice group, negotiated three deals on behalf of the tenant, bringing them to eight locations in total. With Cresa’s assistance, Sall Myers has renewed their lease for 13,068 square feet in their headquarters at 100 Hamilton Plaza in Paterson. They have also expanded to 3,696 square feet at their compensation, liability and treatment location at 2333 Morris Avenue in Union. Finally, Sall Myers has added a new, 4,084 square foot location to their portfolio, located at 299 Cherry Hill Road in Parsippany.
Dennis Gralla has a long-standing, 25-year relationship with Sall Myers and has represented them on many projects throughout their partnership. Jonathan Marks has incorporated his medical expertise into the recent expansion and new location transactions, leveraging his experience in New Jersey’s commercial medical markets.
“Cresa, and Dennis in particular, understands what we do and finds spaces that fit our business model,” says Deborah Minassian, Practice Administrator at Sall Myers Medical Associates. “Instead of running around looking at 20 properties, we looked at 6. We’re looking to expand the catchment area for our patients, and having locations in the north and the south allow us to see more patients and assist our referral sources.”
Sall Myers Medical Associates is a multi-specialty medical group of board-certified physicians based in Northern New Jersey focused on injury and pain management. They have a 50-year history of treating personal injuries, and their services include treatment and evaluation of orthopedic and neurologic injuries, MRI, x-ray and diagnostic studies, liability evaluations, and much more.
Cresa is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Strategic Planning, Corporate Solutions, Site Selection, Lease Administration, Capital Markets, Mission Critical Solutions, Relocation Management, and Facilities Management. For more information, visit www.cresa.com.
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