BGL Announces the Sale of the Garden State Medical Center Real Estate Portfolio

One of the largest orthopedic and interventional pain practices in New Jersey

CHICAGO, Oct. 14, 2025 /PRNewswire/ -- Brown Gibbons Lang & Company (BGL), a leading independent investment bank and financial advisory firm, is pleased to announce the sale of the Garden State Medical Center Real Estate Portfolio ("GSMC" or "Portfolio"), totaling approximately 46,000 rentable square feet in Central and Southern New Jersey, to STORE Capital. BGL's Healthcare Real Estate team served as the exclusive advisor to the seller in the transaction.

The Portfolio consists of seven practice locations across the state. The largest property, in Whiting, NJ, houses Manchester Surgery Center, GSMC's state-of-the-art ambulatory surgery center (ASC). The center includes four private pre-op areas, four PACU beds, four Phase 2 Recovery areas, and two operating rooms. The multi-specialty ASC is equipped for a range of surgical specialties.

Founded in 2004, GSMC is one of the largest physician-owned orthopedic and interventional pain practices in the Shore Region of New Jersey, with specialization in orthopedic & spine surgery, interventional pain management, sports & regenerative medicine, and rheumatology.

Led by John Riddle & Sean Maynard, BGL's Healthcare Real Estate team is a leading advisor to private and institutional healthcare organizations, offering capital market strategies and solutions, including sale-leaseback transactions, asset disposition, debt/equity recapitalization, private placement, and tax-deferred UPREIT structures.

To learn about the trends impacting investment in the medical outpatient real estate and REIT sectors, read BGL's latest Mid-Year Market Update here.

About Brown Gibbons Lang & Company
Brown Gibbons Lang & Company (BGL) is a leading independent investment bank and financial advisory firm focused on the global middle market. The firm advises private and public corporations and private equity groups on mergers and acquisitions, capital markets, financial restructurings, business valuations and opinions, and other strategic matters. BGL has investment banking offices in Boston, Chicago, Cleveland, Los Angeles, and New York, and real estate offices in Chicago and Cleveland. The firm is also a founding member of REACH Cross-Border Mergers & Acquisitions, enabling BGL to service clients in 30 countries around the world. Securities transactions are conducted through Brown, Gibbons, Lang & Company Securities, LLC, an affiliate of Brown Gibbons Lang & Company LLC and a registered broker-dealer and member of FINRA and SIPC. For more information, please visit www.bglco.com. 

SOURCE Brown Gibbons Lang & Company