Construction and renovation company signs Skillman lease

The tenant lineup at Montgomery Professional Center in Skillman is expanding, following a new lease agreement that will bring a construction and renovation company to the campus.

Larken Associates announced June 7 it negotiated a 1,500-square-foot lease with Alloway Construction & Restoration for the property located at Route 518 and Vreeland Drive.

The Branchburg-based commercial and residential real estate building, development and management company was represented by Susan Livingstone, commercial leasing agent at Raider Realty, Larken’s in-house brokerage division.

“Today’s businesses are searching for space that gives them the best opportunity to quickly reach their prospective clientele,” Livingstone said. “Montgomery Professional Center’s location within the Princeton area provides superior access to a large number of sought-after residential communities within a 25-mile radius to make it an ideal fit for a service provider like Alloway Construction & Restoration. We’re excited to welcome them to our property and wish them success in their new space.”

Situated on 20 acres, the Montgomery Professional Center comprises six buildings totaling 47,919 square feet of built-to-suit office and medical spaces that offer private entrances, bathrooms, kitchenettes and separate utilities.

In 2022, Larken announced signing a day care provider for 8,000 square feet of space at the property.

Alloway Construction & Restoration, formerly Schulte Restorations, was previously located in nearby Hopewell. The general contracting company specializes in the restoration and renovation of existing structures and spaces, including kitchens, bathrooms, mudrooms and other outdoor additions and metal work.

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Summit Health re-signs in Springfield, Larken says

A recently negotiated lease renewal will keep Summit Health Management LLC at Echo Executive Plaza in Springfield.

Larken Associates announced the transaction for 4,048 square feet of medical office space May 3.

The Branchburg-based real estate building, development and management firm was represented by Victor Kelly, executive vice president of Raider Realty, Larken’s in-house brokerage division. The tenant was represented by Cushman & Wakefield Executive Vice Chair Marc Rosenberg.

Echo Executive Plaza is a three-story, 41,000-square-foot Class A office building with a range of tenants representing the financial, insurance, medical and professional services sectors.

“We’re dedicated to providing our tenants with a real estate experience that supports their businesses’ unique goals both today and in the future,” Kelly said in a statement. “This has allowed us to develop terrific relationships across our portfolio and ensure tenants can stay in locations that local customers and clients have come to know. We’re thrilled to continue our relationship with Summit Health and wish them continued success.”

According to Larken, Summit Health’s occupancy at the property dates to 2013. The physician-driven, patient-centric network was formed through the 2019 merger of Summit Health Group and CityMD. In January of this year, Chicago-based VillageMD closed its $8.9 billion acquisition of the Berkeley Heights-based health care provider, which has 370-plus locations in New Jersey, Connecticut, Pennsylvania and central Oregon.

Cushman & Wakefield declined to comment on the deal.

In addition to prime visibility and direct access to Route 22, with space for tenant signage, the office property offers surface and covered parking and access to the Echo Plaza Shopping Center. Also a Larken Associates property, the 66,576-square-foot community retail center‘s options include Dollar Tree, Outback Steakhouse and Sherwin Williams.

Larken lease brings South Asian performing arts studio to Hillsborough

Performing arts company Arya International is joining Amwell Mall at 450 Amwell Road in Hillsborough. — Amwell Mall at 450 Amwell Road in Hillsborough. – LARKEN ASSOCIATES

Amwell Mall in Hillsborough is welcoming a new tenant, with a performing arts studio joining the roster at the recently renovated shopping center.

Larken Associates negotiated a lease for 1,432 square feet with Arya International at the 35,398-square-foot complex, the Branchburg-based firm announced March 7.

Rob Marek, executive vice president of Raider Realty, Larken’s in-house brokerage division, represented the firm in the transaction. In a statement, he highlighted the importance of flexibility for attracting tenants.

“Flexibility is one of the most important features a property can have when it comes to attracting high-quality tenants,” he said. “Amwell Mall continues to provide the flexibility needed for businesses of all types to set up shop and make an impact on the community.”

Located just off Route 206, the property offers high visibility and a range of retail, office and medical spaces. About 9 miles north of Princeton and 7 miles south of Somerville, Amwell Mall features a traffic-controlled entrance and abundant parking. Current tenants include Bagel Bistro, Ivy Rehab Physical Therapy, La Costenita and Thai Chili House. In 2022, Larken welcomed short-term and month-to-month office space provider Suite Life to the property.

With locations nationwide, N.J.-based Arya International is a leading South Asian performing arts institute dedicated to teaching South Asian dance techniques, singing, music and acting to students of all ages. It also hosts concerts, community shows and competitions.

“We’re proud to have played a role in bringing a successful dance studio to Hillsborough and wish Arya International and their staff the best of luck as they begin their journey at Amwell Mall,” Marek said.

Pharmaceutical company expands footprint in Hillsborough

Building 6 at the Hillsborough Business Center located on Stryker Lane in Hillsborough. – LARKEN ASSOCIATES

A pharmaceutical tenant is widening its presence in Somerset County to occupy a total 4,218 square feet at the Hillsborough Business Center.

Larken Associates announced the 1,500-square-foot lease expansion for NanoTech Pharma Inc. Feb. 7.

Located one block from Route 206, the approximately 596,000-square-foot Hillsborough Business Center also offers easy access to Routes 1 and 22 in addition to Interstates 78 and 287. According to the commercial and residential real estate company, that’s allowed NanoTech to reach its customers quickly. The flexibility of the complex – which offers units ranging from 288 square feet to 40,000 square feet – has also served to meet the needs of the growing firm, Larken said.

NanoTech Pharma has been a tenant at the complex located on Stryker Lane in Hillsborough since 2019.

The pre-clinical stage specialty drug delivery company works on the nanomedicine development of biological and small molecules that deploy its proprietary drug delivery platforms of liposome, nanocrystal, albumin-bound nanoparticle and microsphere. Its pipeline includes innovative and patented nanomedicine for oncology, serious infections and cardiovascular disease, among others.

“One of Hillsborough Business Center’s best assets is its adaptability to fit the unique needs of businesses across various industries,” said Rob Marek, executive vice president of Raider Realty, the in-house brokerage division of Larken Associates. “It’s been impressive to witness Nanotech Pharma Inc.’s growth and we’re thrilled to provide the space needed to meet their growing needs.”

The Hillsborough Business Center has also grown recently. Last January, Larken hit 100% occupancy on two buildings at the complex after they had each been expanded by 9,000 square feet. Other tenants have also taken advantage of the flexibility of the center by expanding their footprints and last summer the company secured nearly 9,000 square feet in agreements for the 27-building property.

Larken acquires grocery-anchored center in Pennsylvania

Westfall Town Center is a 203,907-square-foot grocery-anchored shopping center located at 111 Hulst Drive in Matamoras, Pa. – LARKEN ASSOCIATES

Larken Associates added a 203,907-square-foot grocery-anchored shopping center to its portfolio.

On Jan. 10, the Branchburg-based company announced it acquired Westfall Town Center, located at 111 Hulst Drive in Matamoras, Pa.

The complex is anchored by a new, 73,000-square-foot ShopRite and a 25,000-square-foot TJ Maxx.

“We are very excited about this recent off-market purchase in Pike County as it fits perfectly within our strategy to acquire well-located retail centers with value-add potential,” said Victor Kelly, executive vice president of Raider Realty, the in-house brokerage division of Larken Associates. “We look forward to continuing the repositioning and renovation program begun by the prior owner and holding the asset for appreciation and long-term cash flow.”

Situated just across the border from New Jersey and New York, Westfall Town Center is located along Matamoras’ retail corridor, according to Larken, home to more than 106,000 people with an average household income of $95,663 within a 15-minute drive.

“Finding success in today’s retail market requires an unmatched level of local market knowledge paired with deep expertise in leasing and property management,” Larken Associates Chief Investment Officer David Iacobucci said in a statement. “We take immense pride in our time-tested ability to identify and acquire retail properties that possess both strong in-place tenancy and long-term value creation opportunities.

“We look forward to continuing to add similar assets to our portfolio over the year to come,” he added.

Additional tenants at the property include Planet Fitness, Dollar Tree and Flagship Cinemas; a Wendy’s and Perkins Restaurant are also situated on two outparcels at the center.

According to Larken Associates, Westfall Town Center has 15,913 square feet of warehouse space available for lease.

Larken lease brings pet grooming salon to Lopatcong shopping center

The Styling Pooch Pet Services & Supplies LLC will offer a spa-like grooming experience for pets at Strykers Crossing Shopping Center located at 201 Stryker Road in Lopatcong, — The Styling Pooch Pet Services & Supplies LLC will offer a spa-like salon experience for pets at Strykers Crossing Shopping Center in Lopatcong. – LARKEN ASSOCIATES

A new service provider for your furry friend – who maybe could stand to be a little less furry – is taking up residence at Strykers Crossing Shopping Center in Warren County.

Larken Associates announced a retail lease with The Styling Pooch Pet Services & Supplies LLC for 1,199 square feet of space at the complex located at 201 Stryker Road, Lopatcong.

Elite Realtors of New Jersey represented the tenant in the transaction with Larken Associates, who was represented by Rob Marek, executive vice president of Raider Realty, the in-house brokerage division of Branchburg’s Larken Associates.

Strykers Crossing is a two-building neighborhood shopping center with 30,000 square feet of retail and restaurant space with proximity to major roadways including Routes 22 and 57, and Interstate 78. According to Larken, its tenants are varied and community-oriented.

The property is located adjacent to several others from Larken, including two residential communities – the 198-unit Autumn Ridge and the 414-unit Warren Heights – in addition to a two-building medical and day care complex with 12,904 square feet.

Strykers Crossing’s location – where The Styling Pooch will establish a spa-like salon for pets – stood out to the tenant as a match due to its visibility and access to a range of surrounding residential communitys, Larken said.

“Lopatcong’s growing population and favorable demographics continue to make Strykers Crossing Shopping Center a preferred destination in the local area for a wide variety of retailers and service providers,” Marek said in a statement. “It’s our mission to successfully fill our properties with tenants that play an important role in providing the community with needed options and services, so we’re proud to welcome The Styling Pooch and can’t wait for them to open their doors.”

Larken leases nearly 9K square feet at Hillsborough Business Center

Three new tenants are joining the Hillsborough Business Center in Somerset County while one current occupier is expanding its footprint at the 550,000-square-foot industrial/flex complex.

Larken Associates announced the transactions July 6. Rob Marek, executive vice president of Raider Realty, the firm’s in-house brokerage, represented the building, development and management company.

The recently announced deals at the 27-building center located on Stryker Lane in Hillsborough add up to nearly 9,000 square feet, including:

Agashe Foods LLC – 1,500 square feet
Bodhi Organics LLC – 1,500 square feet
A to Z Supply & Vacuum Repair – 1,135 square feet
All Jersey Plumbing and Sewer – 288 square feet
Kasentex expansion – 4,460 square feet

Situated on 100 acres, the Hillsborough Business Center is one block east of Route 206, with easy accessibility from Routes 1 and 22, along with Interstates 78 and 287. The property is suited for a range of uses, including research and development, lab, warehousing, distribution, light manufacturing and product assembly, fitness, recreation and day care. Units range from 288 square feet to 40,000 square feet; each suite features separate entrances, 18-foot to 20-foot clear heights, a full wet system throughout with central monitoring, and a tailboard and/or drive-in doors.

“Our leasing success at Hillsborough Business Center continues to showcase how our spaces help local businesses craft their own success stories,” Marek said in a statement. “Through providing spaces that directly match our tenants’ dynamic needs, each of our properties stands out in their respective markets and we’re delighted to watch our tenants, both existing and new, continue to find success at our properties.”

Earlier this year, Larken secured another expansion at the park and reached full occupancy on two buildings that recently increased their respective footprints to 38,261 square feet and 31,475 square feet.

Larken lease brings eyecare provider to Raritan Valley Professional Center

Larken Associates announced a lease with Somerville Family Eyecare for 1,170 square feet of office/medical space at Raritan Valley Professional Center located at 575 Route 28 in Raritan on June 29, 2022. – LARKEN ASSOCIATES

Somerville Family Eyecare is joining the tenant roster at Raritan Valley Professional Center in Somerset County.

Larken Associates announced this week that it secured a lease with Somerville Family Eyecare for 1,170 square feet of office/medical space at 575 Route 28 in Raritan.

The Deluccia Group of Berkshire Hathaway Home Services represented Larken Associates in the transaction.

According to its website, Somerville Family Eyecare offers: eye exams, glasses, contact lenses, laser vision correction consultations and co-Management, low vision correction with magnifiers and telescopes, and treatment of eye disease.

“When it comes to securing tenants, we consistently focus on finding businesses who can bring true value to our local communities,” Rob Marek, executive vice president of Raider Realty, the in-house brokerage division of Larken Associates, said in a statement. “Somerville Family Eyecare is a great match with Raritan Valley Professional Center for that reason and we’re very excited to welcome them to their new home.”

The three-building complex offers 82,000 square feet with custom and built-to-suit professional office, dental and medical space. Raritan Valley Professional Center recently underwent a comprehensive capital improvement campaign, offering modern design and features, along with 24/7 property management from Larkens’ in-house team.

Building 1 is the largest of the trio, with 50,992 square feet of office space. Recent interior renovations include an updated main lobby and the addition of a new south side lobby, for easier parking lot access. A new fitness center, carpeting, lighting and wall coverings were added. Outside, the building saw new landscaping and signage.
Building 2 was rebuilt and redesigned from the ground up. It offers 17,006 square feet of adaptable space across two stories. Recent renovations include all new bathrooms, LED lighting, fixtures and finishes, windows, roofing and HVAC. On the exterior, Building 2 also saw new signage, in addition to LED lighting, curbing, a parking lot and sidewalks.
Building 3 is the newest. It was built in 2018 by Larken and includes 14,000 square feet of built-to-suit medical space. It’s currently 100% leased.

Larken signs brewery, Taekwondo studio for Lawrenceville retail center

Lawrenceville is getting a new brewery and Taekwondo studio with the signing of two retail leases for the Manors Court Shopping Center.

Larken Associates announced the new tenants June 27. The leases bring the property located at 160 Lawrenceville-Pennington Road to full occupancy.

Both tenants were represented by Weichert Commercial Brokerage in their respective transactions with Larken, which was represented by Rob Marek, executive vice president of Raider Realty, the company’s in-house brokerage division.

New neighbors

Ahn’s Taekwondo signed on for 1,910 square feet, according to Larken, after searching for a well-maintained and high-quality space from which to expand its reach in the state.

The Druery, a microbrewery with its roots in Philadelphia, is expected to open its three-barrel facility at Manors Court in October 2022.

Manors Corner Shopping Center, located at 160 Lawrenceville-Pennington Road in Lawrenceville, is a 26,564-square-foot complex offering retail and restaurant space. - LARKEN ASSOCIATES — Manors Corner Shopping Center, located at 160 Lawrenceville-Pennington Road in Lawrenceville, is a 26,564-square-foot complex offering retail and restaurant space. – LARKEN ASSOCIATES

“Businesses of all kinds are always on the hunt for properties that have the favorable demographic profile of Lawrenceville,” Marek said in a statement. “Each of the retail properties making up our carefully curated portfolio provides tenants like Ahn’s Taekwondo and The Druery with unparalleled access to these in-demand communities and we are thrilled to welcome them to Lawrenceville.”

The Mercer County shopping center is located at the intersection of Federal City Road and Lawrenceville-Pennington Road, minutes from downtown Princeton. Manors Court is accessible from Routes 1 and 206 and Interstate 295.

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