WCRE DELIVERS 10,000 SF VIRTUA LEASE EXPANSION FOR SOMERSET PROPERTIES AT 2000 CRAWFORD PLACE, MT. LAUREL, NJ
August 12, 2014 – Marlton, NJ – WCRE is proud to have successfully represented LSOP NJ, LLC, a related entity of Somerset Properties, in securing a new 10,000-square-foot lease expansion for Virtua Health, Inc. at 2000 Crawford Place, Mount Laurel, NJ. The newly leased space is located within the Horizon Corporate Center. With this expansion, Virtual increases its occupancy at this premier office park to 28,650 square feet, and the single story, multi-tenant building is now 88 percent occupied, with only two suites remaining for lease.
The Horizon Corporate Center is located near a commercial hub, with many restaurants and shopping centers nearby, including Greentree Square Shopping Center and the Moorestown Mall. Its location provides easy access from Routes 73 and 70, as well as I-295 and the New Jersey Turnpike. Siemens, 7-Eleven, Burns and Roe, and The Mentor Network are among the current tenants.
“It has been exciting to watch Virtua’s growth in South Jersey and within the Horizon Corporate Center, and we are thrilled that WCRE and NGKF were able to fulfill their expansion needs,” said Jennifer Wierman, director of leasing at Somerset Properties. “We are very pleased with the result of this total team effort.”
Christina Del Duca, vice president at WCRE, led the leasing and marketing team, which included Leor Hemo, executive vice president, and the firm’s principal, Jason Wolf. Jeff Tertel, executive managing director of Newmark Grubb Knight Frank, represented the tenant.
WCRE is a full-service commercial real estate brokerage and advisory firm specializing in office, retail, medical, industrial and investment properties in Southern New Jersey and the Philadelphia region. We provide a complete range of real estate services to commercial property owners, companies, banks, commercial loan servicers, and investors seeking the highest quality of service, proven expertise, and a total commitment to client-focused relationships. Through our intensive focus on our clients’ business goals, our commitment to the community, and our highly personal approach to client service, WCRE is creating a new culture and a higher standard. We go well beyond helping with property transactions and serve as a strategic partner invested in your long term growth and success.
Learn more about WCRE online atwww.wolfcre.com,on Twitter @WCRE1, and on Facebook at Wolf
About Somerset Properties
Somerset Properties is a full-service commercial real estate company that owns and operates a wide range of property types. Since 1996 Somerset has been creating value for investors with its entrepreneurial approach to acquiring, managing, leasing, and developing commercial properties. Learn more about Somerset Properties at www.somprop.com