Atlantic Health System Buys N.J. Health Pavilion
Atlantic Health System, a health care provider in New Jersey, recently purchased the building and property housing the Morristown Medical Center Health Pavilion in Rockaway, N.J. Atlantic Health System had been the sole tenant of the building, which is situated on 8.28 acres. When the joint owners opted to sell the building, Atlantic Health System bested offers from 19 other potential buyers, eventually buying the 92,326-square-foot building for $25.9 million. Atlantic Health System plans to add an ambulatory surgery center and more exam rooms for expanded services in the coming months.