Cushman & Wakefield of New Jersey, Inc.
One Meadowlands Plaza, Suite 1100
East Rutherford, New Jersey 07073
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Release Date: Wednesday, February 26, 2014
Media Contact: Evelyn Weiss Francisco (201) 796-7788
Cushman & Wakefield Brokers Long-term Transaction at 3 Century Drive
PARSIPPANY, N.J., Feb. 26, 2014 – Emergency Medical Associates (EMA), a provider of hospital emergency-room services, has expanded its headquarters to 70,000 square feet at 3 Century Drive in Parsippany. Cushman & Wakefield‘s Jon Williams, based in the commercial real estate services firm’s Morristown, N.J., office, orchestrated the transaction, which added 24,000 square feet to the organization’s long-term commitment at the KRE Group property.
Emergency Medical Associates has been delivering clinical excellence and nationally recognized emergency medical care to hospitals and health systems since 1977.The organization has experienced dramatic growth over the past 18 months. EMA has increased its client base from 19 to 28 emergency departments in New Jersey, New York, North Carolina, Rhode Island and, most recently, Pennsylvania. EMA and its affiliated companies – Inpatient Medical Associates, eMedical Urgent Care and Proven Healthcare Solutions – employ more than 200 management service and billing professionals at the Parsippany office.
“It’s an exciting time in our history,” said Dr. Raymond Iannaccone, president and chief executive officer. “While we’ve expanded our footprint exponentially over the last year and a half, we’ve continued to invest in our physicians, support staff and technology.”
The company has been located at 3 Century Drive since 2011, when it initially leased two floors. The expansion added a third.
“EMA has grown substantially and expects to continue on its current path of progress as the healthcare industry evolves,” noted Williams, who brokered both the original lease and the recent expansion. “The space at 3 Century Drive is a great fit because it provides built-in flexibility to accommodate my client’s changing needs.”