New medical office building underway at Deborah Heart & Lung
Work has begun on a 60,000-square-foot medical building at Deborah Heart & Lung Center in Burlington County. The $21.5 million building, which is being developed and will be owned by Landmark Healthcare Facilities of Milwaukee, will replace an existing building on Deborah's campus in Browns Mills.
Deborah and independent community doctors have leased 86 percent of the space, the tax-exempt hospital said. Tenants will include Central Jersey Urgent Care, Garden State Diagnostic Imaging, and Epione Family Medicine, Deborah said. The building is expected to be completed in spring 2018.
Deborah's most recent financial statements, for the nine months ended Sept. 30, showed that the organization had an operating profit of $6.1 million on revenue of $137.6 million. In the comparable period of 2016, Deborah had revenue of $123.8 million and operating profit of $1.8 million.