AtlantiCare-leased building in Egg Harbor Twp. purchased

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EGG HARBOR TOWNSHIP – Gladstone Commercial Corporation announced on April 8 that it had purchased a 29,257-square-foot building in Egg Harbor Township for $5.65 million.

The property is a two-story office building that includes administrative and operational office space leased to AtlantiCare Health System, Inc., a not-for-profit health system.

Spokesman Matt Tucker said the purchase of the “high quality facility” is consistent with the company’s growth strategy.

Gladstone Commercial Corporation is a real estate investment trust that invests in and owns leased industrial, commercial and retail real property and makes long-term industrial and commercial mortgage loans. 

The company currently owns 81 properties.  

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