New Jersey’s build-to-suit medical space specialist, Larken Associates, is seeing an upturn in demand for smaller office spaces, including those for medical professionals.
Larken Associates has been catering to a full range of medical tenants for more than 30 years, and continues to have a strong tenant base. With the majority of its available portfolio in spaces between 830 and 5,000 square feet, Larken properties are the ideal size for organizations that are downsizing and individuals striking out on their own.
“The market for small space is really booming,” said Victor Kelly, executive vice president of Larken Associates. “Our team –– architects, engineers and construction professionals –– have deep experience, particularly in building medical suites.”
Kelly says rental rates have come down a bit, contributing to this upturn. In fact, he’s noticed some tenants are expanding and looking for bigger spaces to accommodate growth.
“Everyone isn’t going out of business,” Kelly commented. “Our tenants are smaller companies that are nimble and adjusted to the environment. Things have definitely stabilized since last year.”
Available properties include small flex space in the Hillsborough Business Center: 1,135, 1,382, and 2,500 square feet. This property boasts high ceilings, loading docks and/or drive-ins. One building on the property is available for build-to-suit, with spaces as small as 1,500 square feet up to 15,000 square feet.
“At Amwell Commons and Kingsbridge Center in Hillsborough, some units are already fit out as physicians’ offices,” Kelly said. “Waiting rooms, cabinetry, plumbing –– they are turnkey and ready to go.”
Small spaces abound in Larken’s properties: Princess Road Office Park in Lawrenceville offers 861 to 1,390 square feet; Montgomery Commons Medical & Office Park in Princeton has 830 to 2,793 square feet; and Montgomery Professional Center in Skillman has 736 to 4,000 square feet. There’s build-to-suit at both the Princeton and Skillman properties.
“What makes us unique is our ability to completely cater to medical professionals,” Kelly said. “We know they’re busy with their practices and patients, so we step in and handle everything. Our team is knowledgeable, considerate and nice –– there’s no worry when you work with us.”
Larken Associates’ commitment to small businesses and medical professionals had made Kelly the area’s “go-to guy.” He routinely works with physicians, dentists, hospital staff and other medical professionals to match Larken properties with their needs.
“Larken Associates’ properties are first-rate,” added Kelly. “Plus, our team’s professional medical expertise, attention to details, and personal service takes the worry out of building professional medical space. We’re literally just what the doctor ordered.”
Physicians, dentists, and other medical professionals may learn more about Larken properties locally and throughout the area at www.larkenassociates.com, or by contacting Kelly at email@example.com.
Larken Associates. 249 Homestead Road, Building 5, Unit 11. PO Box 6989, Hillsborough. 908-874-8686. Fax: 908-874-6064. firstname.lastname@example.org. www.larkenassociates.com