WCRE appointed leasing agent for medical office portfolio in South Jersey

Wolf Commercial Real Estate, a real estate brokerage and advisory firm, announced Wednesday it has been appointed the exclusive leasing agency for a medical office portfolio in Moorestown and Washington Township.Wolf Commercial Real Estate, a real estate brokerage and advisory firm, announced Wednesday it has been appointed the exclusive leasing agency for a medical office portfolio in Moorestown and Washington Township.

The 436,800-square-foot portfolio is owned by Welltower Inc., a real estate investment trust based in Toledo, Ohio.

John Mozzillo, Chris Henderson and Jason Wolf, all of WCRE’s leasing team, will oversee the project.

“The health care sector has been one of the key drivers of growth in our market in recent years,” Wolf, founding principal of WCRE, said in a statement. “We are excited about this opportunity to market top tier medical office space for a high profile owner.”

The first property is the Virtua Health & Wellness Center, located at 401 Young Ave., in Moorestown. The Class A medical center includes primary care, cardiology, radiology, urgent care, a fitness center, spa and a child care center. It is comprised of 181,236 square feet with two suites currently available, measuring 3,940 and 4,709 square feet.

The second property is another Virtua Health & Wellness Center, located at 239 Hurfville-Cross Keys Road in Sewell. It includes primary care, cardiology, radiology, surgery, obstetrics and gynecology, urgent care, lab services, a spa, a fitness center and more. It is comprised of 255,570 square feet with suites available between 1,000 and 14,000 square feet.

“WCRE is an ideal partner and their mix of professionalism, marketing vision and connectedness to this market gives me confidence they will do very well representing our medical space portfolio in Southern New Jersey,” Ryan Lewis, director of leasing for Florida and East Regions at Welltower, said in a statement.