CASE STUDY HIGHLIGHTS
- Year Completed: 2019
- Size: 127,000+ SF (3 MOBs)
- Client: RWJBarnabas Health
Enhancing Value Through Strategic Property Management
In 2015, Rendina acquired three medical office buildings on the campus of Clara Maass Medical Center in Belleville, New Jersey, totaling more than 127,000 square feet. Following the acquisition, Rendina assumed full property management responsibilities and implemented a comprehensive strategy to improve operations, enhance tenant satisfaction, and support the long-term goals of RWJBarnabas Health. Through on-site management and targeted capital improvements, Rendina transformed the portfolio into a high-performing campus aligned with the hospital’s mission of delivering high-quality care.
THE CHALLENGE
Prior to Rendina’s involvement, the MOBs faced aging infrastructure, deferred maintenance, and outdated common areas that no longer reflected the high standards of the adjacent hospital campus. The challenge was to stabilize the assets, enhance the tenant experience, and align property management with the hospital’s long-term goals.
- Assume management responsibilities with no disruption to tenants or hospital operations
- Address deferred maintenance and initiated capital improvements to modernize aging facilities
- Improve tenant satisfaction and responsiveness through proactive, on-site management
- Align leasing, maintenance, and operations strategies with RWJBarnabas Health priorities
- Develop and execute a capital improvement plan across all three buildings
Rendina’s Solution
Rendina implemented a comprehensive property management strategy focused on operational excellence, tenant satisfaction, and long-term asset value. Our team worked closely with hospital leadership and tenants to enhance the performance of each building on the Clara Maass campus.
- Assumed full-service property management responsibilities across three medical office buildings totaling more than 127,000 square feet
- Deployed on-site property management to provide responsive service and build strong tenant relationships
- Identified and executed over 2 million dollars in capital improvements to modernize aging infrastructure
- Improved building systems, common areas, and overall maintenance standards
- Collaborated with RWJBarnabas Health to ensure property operations aligned with hospital goals and campus activity
- Provided detailed reporting, budgeting, and vendor oversight to support long-term planning and cost control
Results
Rendina stabilized and enhanced the performance of all three medical office buildings on the Clara Maass campus through proactive property management, capital improvements, and close alignment with RWJBarnabas Health’s operational priorities.
- Completed more than 2 million dollars in capital improvements across the portfolio
- Improved tenant satisfaction through responsive on-site management and service enhancements
- Increased operational efficiency and asset performance
- Maintained high occupancy levels while supporting hospital-based clinical functions
- Aligned property operations with the long-term goals of RWJBarnabas Health
