In an off-market transaction, MMP Partners acquired the Ventnor Professional Campus, a unique property located in the desirable beach town of Ventnor, NJ. The campus consists of two historic 1940s school buildings and a sizable surface parking lot, occupying a full city block just two blocks from both the beach and the bay.
Originally converted into office spaces in the 1980s, the property was operated by the previous owners until its sale to MMP. The primary office building along Ventnor Avenue has undergone significant upgrades, including refreshed common areas, enhanced landscaping, and modernized exterior lighting, further enhancing its appeal.
The site holds significant redevelopment potential, having been designated as a Redevelopment Site by the City and State of New Jersey. A new development plan for the remaining portions of the site is currently in progress, with submission targeted for Q1 2025. This project positions the Ventnor Professional Campus as a cornerstone of revitalization in this sought-after community.
