Simone Development Cos. announced it completed two new leases of medical office space at 385 Prospect Ave. in Hackensack, bringing the property to more than 95 percent leased.
According to a press release, Simone Development acquired the property in the first half of 2017 and repositioned the asset, investing in a multi-million-dollar renovation, including new lobbies, common areas, façade work and energy management upgrades.
The transactions include one from NJRetina, a full-service eye-care practice providing patients with world-class treatment for retinal and vitreous disorders.
NJRetina signed a long-term lease for 4,072 square feet. The company operates 15 clinical sites throughout New Jersey, and is planning a spring 2019 opening.
In the second deal, Dr. Victoria Kushensky of Garden State Dental leased 4,826 square feet of space for the expanding practice’s third location, and second within the Simone Development portfolio.
Simone Development is providing interior construction services for the new office, which is also expected to open in the spring of 2019.
James MacDonald, vice president and director of leasing for Simone Metro Properties, arranged the leases.
In addition to the new occupants, a diverse group of medical tenants including the New Jersey Imaging Network, Metro Vein, Quest Diagnostics and Hackensack University Medical Center are now open for business at the property.