Mon. Jun 17th, 2024
Zimmel helps health care services firm relocate from Morganville to Matawan with new lease arrangement.

In recent news, Zimmel Associates has facilitated a 16,300-square-foot lease at an office building in Matawan. The real estate services firm, based in Edison, announced on Tuesday that Alliance Health System had signed the lease at 14 Cliffwood Ave., a 48,000-square-foot property under new ownership by Laser Focus Holdings for the past nine months.

Alliance Health System, known for offering practice management and administrative support services to physicians, group practices, and hospitals, was identified as the perfect tenant for this space due to their statewide network. The move from Morganville to Matawan aligns well with Alliance Health System’s corporate goals of enhancing their operational efficiency and accessibility.

Zimmel President David Zimmel highlighted the building as an excellent option for businesses looking for a conducive environment for growth. The space at 14 Cliffwood Ave. comprises a total of 16,300 square feet, divided into a 9,200-square-foot unit on the first floor, an adjacent 2,900-square-foot space, and a 4,200-square-foot unit on the second floor.

Throughout the negotiations, CEO Nicolas Bufano and Chief Operating Officer Rayna Wolfman represented Alliance Health System. The lease also includes provisions for potential expansion within the building or the option to purchase it in the future. This move signifies a strategic decision by Alliance Health System to improve their operational efficiency and accessibility in Matawan.

By Aiden Nguyen

As a content writer at newscholarly.com, I delve into the realms of storytelling with the power of words. With a knack for research and a passion for crafting compelling narratives, I strive to bring forth engaging and informative articles for our readers. From decoding complex concepts to unraveling current events, I aim to captivate and educate through the art of writing. Join me on this journey as we explore the ever-evolving landscape of news and knowledge together.

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