Larken Associates Negotiates Professional Medical Office Lease with Medical Device Company in Springfield, NJ
Larken Associates, a regional leader in commercial and residential real estate building, development and management, announces it has negotiated a new medical office lease with Elite Orthotics & Prosthetics, LLC for 1,959 square feet of professional medical office space at Echo Executive Plaza located at 899 Mountain Avenue in Springfield, NJ.
As our regional economy continues to address the challenges presented by the pandemic, it is becoming increasingly clear that a focus on quality and accessibility will become even more important differentiators in our office market. While tenants will not stop looking for office space altogether, we do know that they will be much more selective in their searches. As seen in this deal, modern and well-located buildings like Echo Executive Plaza will continue to stand out with strong leasing activity in the current environment.
Based in Eatontown, Elite Orthotics and Prosthetics is a leading orthotic and prosthetic practice specializing in pediatric, sports medicine and rehabilitative bracing. Since 2018, the company has been guided by the vision of providing the highest quality, custom orthopedic bracing to patients throughout the New Jersey and New York areas. The company targeted the opening of a satellite office as it sought to expand deeper into central and northern New Jersey and grow their presence to service those in need of custom orthotics and prosthetics. In their new Springfield office, they will treat pediatric patients with special needs providing the right orthotic and bracing solutions to facilitate a better quality of life.
Strategically located in Springfield, NJ, Echo Executive Plaza boasts high visibility from Route 22 and excellent area amenities. Standing at 41,100 square feet, Echo Executive Plaza is a three-story Class-A office building with commercial space for lease that is home to a diverse slate of tenants across the financial, insurance and service industries.
Echo Executive Plaza is also located within the same complex as Larken Associates’ Echo Plaza Shopping Center, a 66,567 square foot community retail center featuring tenants such as No Body Denied Fitness, Outback Steakhouse and Sherwin Williams. Larken Associates’ Echo Executive Plaza and Echo Plaza Shopping Center provide tenants with a unique combination of location and adaptability to meet the space requirements for both office and retail users.
“As our regional economy continues to address the challenges presented by the pandemic, it is becoming increasingly clear that a focus on quality and accessibility will become even more important differentiators in our office market,” said Victor Kelly, Executive Vice President of Raider Realty, the in-house brokerage division of Larken Associates. “While tenants will not stop looking for office space altogether, we do know that they will be much more selective in their searches. As seen in this deal, modern and well-located buildings like Echo Executive Plaza will continue to stand out with strong leasing activity in the current environment.”
Brounell & Kramer Realtors represented both Landlord and Tenant in the transaction.
To learn more about available retail, medical and office space at Echo Executive Plaza, please visit www.larkenassociates.com/commercial-leasing/echo-executive-plaza.
About Larken Associates
Larken Associates is a regional leader in commercial and residential real estate building, development and management. Leveraging over 50 years of experience, they are dedicated to bringing great living and working spaces to life through a long-term ownership strategy and full suite of in-house capabilities. With a diverse commercial portfolio consisting of nearly three million square feet and 800 tenants across office, industrial, retail and mixed-use and approximately 2,000 owned and/or managed residential units across 22 unique communities, Larken Associates is deeply committed to the communities in which they work as well as the tenants and residents who call their buildings home. To learn more about Larken Associates, please visit us at https://www.larkenassociates.com/ and follow us on LinkedIn, Facebook, Twitter, and Instagram.
