Owen T. Hughes, Esq. represented a developer specializing in medical office space in the acquisition and financing of 70,000 square feet in the building complex located at Hurffville-Cross Keys Road, Sewell (Washington Township), New Jersey. This space will be primarily dedicated for medical offices. The Purchase Price was $13,250,000.00; with acquisition financing, an amount of $9,937,500.00 (together with a line of credit loan in an amount up to $3,000,000.00 for improvements). Additionally, Owen assisted the client in structuring the organization of the purchasing entity including preparation of the operating agreements for the Sponsor entity and participating investors.

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