Larken Associates Negotiates Professional Medical Office Lease in Parsippany, NJ
ShareLarken Associates, a regional leader in commercial and residential real estate building, development and management, announces it has negotiated a lease with Morris Pediatric Care, LLC for 1,377 square feet of medical office space at Parsippany Commons located at 3219 Route 46 East in Parsippany, NJ.
Parsippany Commons is a three-story building offering over 54,000 square feet of medical, dental, and professional office space for lease. With units starting at 1,212 square feet, the property features a wide range of configurations and amenities that make it a highly flexible space able to cater to both medical and professional tenants. With Larken Associates’ completion of a full exterior and interior renovation in 2019, Parsippany Commons now features modernized lobbies and hallways, upgraded lighting, and distinct atrium windows spanning the entire façade of the medical office building. Paired with its modern features and flexibility, the property is conveniently located along Route 46 and is easily accessible from Routes 10, 46, 80, and 202, as well as Interstate 287.
Led by Dr. Aradhana Rajkmuar, Morris Pediatric Care, LLC is one of New Jersey’s premier providers of pediatric care for infants, children, and teenagers. With services including wellness checkups, health certifications, and treatment of acute illnesses, Dr. Rajkumar’s practice is dedicated to providing excellent care and a personalized experience for all patients. Their new space at Parsippany Commons will provide a convenient, modern home for the practice’s general medical offices. Morris Pediatric Care, LLC worked closely with Core Enterprises, Larken’s in-house design and construction team to design and execute the buildout of their new, welcoming office space.
“New Jersey’s medical office sector is facing significant undersupply as healthcare systems continue to expand their outpatient and specialty practices deeper into communities,” said Victory Kelly, Executive Vice President of Raider Realty, the in-house brokerage division of Larken Associates. “In such a tight market, it can often be difficult for single practitioners like Morris Pediatric Care to find medical office space that fit their needs. We are happy to welcome them to Parsippany Commons and look forward to building upon our relationship in coming years.”
Parsippany Commons currently has 10,484 square feet of space available for lease. For more information, please call or email Colliers’ Steve Graziano at (973) 590-9334 or stephen.graziano@colliers.com.
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 spaces to live and work 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 rental 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.