Case Study: St. Joseph's Health achieves a below-market Class A tech center and on-time turnkey build-out with Cresa

Cresa represents St. Joseph's Health System in Off-Campus Technology Center

St. Joseph's Health engaged Cresa to secure an off‑campus technology center in New Jersey. Using Cresa’s Transaction Management service, the team was asked to analyze the existing technology center, recommend a new 27,000 sq. ft. facility based on growth and new‑hire projections, evaluate market options to serve two hospital locations, and negotiate terms that met cost and talent objectives while timing a turnkey build‑out for a technology roll‑out.

Cresa identified the ideal 27,000 sq. ft. Class A location that served current and future employees at both hospitals, negotiated a below‑market lease and a turnkey build‑out, and completed the deal in time for the board meeting and the planned opening. The result was a cost‑effective, ready‑to‑occupy facility delivered on schedule that met St. Joseph’s Health’s operational and staffing needs.

St. Joseph's Health