The PRC Group Sells 7,500 SQ FT Office Building in West Long Branch New Jersey

Mike Brown, Broker Associate with The PRC Group has sold 60 Monmouth Park Highway, a 7,500 sf office building in West Long Branch New Jersey.

(PRWEB) January 16, 2004 --West Long Branch, NJ -- Mike Brown, Broker Associate with The PRC Group has sold 60 Monmouth Park Highway, a 7,500 sf office building in West Long Branch. The purchaser, Doctor Ben Terrany is currently making renovations to support his medical practice in pulmonary care. The building was The PRC Groups former corporate headquarters as they have recently relocated to a 21,000 sf newly constructed facility on an adjacent site. This sale has been under contract for over a year and the buyer was patient in waiting for The PRC Group to finish the construction of their new building. The building is one of the few remaining office buildings that have highway frontage on Route 36," said Mike Brown, Broker Associate of The PRC Group.

The PRC Group traces its history from the management and ownership of apartment communities and high-rise apartment buildings. Thereafter, PRC became active in the construction of single-family homes and enhanced its expertise into every aspect of multi-family housing, including new construction and rehabilitation, financing and third party management. Over the years, investors, property owners and financial institutions came to PRC to create solutions for distressed properties. A proven ability to bring many disciplines to bear on a given problem has allowed PRC to respond quickly to changing market conditions earning the company a solid reputation in repositioning properties.

During the past decade, The PRC Groups strategy has been to enhance its commercial real estate capabilities and expertise. The depth of the property management staff increased and construction management services were added as well as brokerage and transaction capabilities. Advisory services for corporations and commercial tenant needs were provided by the creation of CRS, and those services broadened the PRC Group into a national service firm. This steady long-term growth and financial strength provides a stable platform to deliver the expert resources in meeting the diverse needs of PRCs many corporate and business clients.

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