From the Recent Press Article

.....much of the office space in Ocean County is also occupied by small tenants. About one-third is medical offices located around the county's four hospitals. Mark Kotzas, broker at Crossroads Realty in Toms River, said his office has completed about a half-dozen sales and leases for medical space so far this year.

"Bit of a glut"

In Toms River, there is "bit of a glut" of office space, Kotzas said. Buildings were constructed last year in anticipation of a cardiac surgery center at Community Medical Center in Toms River, he said. But the center never came to fruition.

"Two years ago, you would have been hard pressed to find 2,500 square feet of medical space in Toms River," he said. "We have had a 180-degree change in the office market here."

Markets in southern Ocean County, including Stafford, are strong, he said. "The growth in office space is going to be south of us here" in Toms River, Kotzas said. Read the article...