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Elizabeth General Hospital redevelopment

After 10 years vacant, Elizabeth hospital to become retail, housing complex


source: nj.com

ELIZABETH — The five-acre East Jersey Street block formerly occupied by Elizabeth General Hospital has been sold after about a decade on the market, to an out-of-state buyer who hopes to build a retail and housing complex there.

The sale of the 350,000-square-foot former hospital was arranged by CBRE Group, Inc., to a private buyer who plans to redevelop the property.

"The CBRE Tri-State Investment Properties team is one of the most active team of brokers in multifamily in the northern and central New Jersey markets, as well as in the overall tri-state area, with this being our third sale of a vacant former hospital facility with plans for multifamily redevelopment," said Elli Klapper, one of four people with the real estate firm who brokered the sale.

County records show the property was sold to the Brooklyn-based H. Elizabeth Realty, LLC. for $2.5 million.

The hospital site was left vacant when Trinitas Regional Medical Center — formed in January 2000 by the consolidation of Elizabeth General Medical Center and St. Elizabeth's Hospital — moved into its current Williamson Street campus.

Part of the former hospital still stands on the fenced-off site, as does a parking deck with more than 500 spaces.

The hospital began operating in the late 1800s as the Elizabeth General Hospital and Dispensary. A portion of the facility was torn down in 2012.

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