Atkins Cos., a West Orange-based commercial real estate firm, announced Monday it has negotiated two lease expansions at its Medford Medical Office Building in Medford.
The medical practices that expanded at the property include Advanced ENT and The Gastroenterology Group.
Atkins purchased 103 Old Marlton Pike in September 2017 and has since put $1 million into renovating the property.
Currently, the two-story, 46,000-square-foot medical office building is anchored by Larchmont Imaging and South Jersey Eye Physicians and other health care providers. It is also within close access to Route 70.
“We acquired the Medford Medical Office Building in 2017 with the vision to reestablish the property as one of the greater Philadelphia area’s premier medical office facilities,” Cory Atkins, vice president and director of acquisitions at Atkins, said.
“The range of medical office tenants currently leasing at the building, coupled with the property’s high levels of tenant retention and expansion reaffirms that we have achieved that goal. We look forward to continuing to provide the modern, well-located and functional medical office space very much in demand today from both prominent health care providers and growing individual practices alike.”