A medical device company has signed a new lease for office space in Springfield, according to real estate firm Larken Associates.
Elite Orthotics & Prosthetics LLC signed for 1,959 square feet of space at Echo Executive Plaza, 899 Mountain Ave., Branchburg-based Larken said in a news release.
The Eatontown-based orthotics and prosthetics practice is opening a satellite office as part of an expansion into central and northern New Jersey.
“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,” Victor Kelly, executive vice president of Raider Realty, Larken’s in-house brokerage division, said in a prepared statement. “
Echo Executive Plaza is a three-story, 41,100-square-foot Class A office building. “While tenants will not stop looking for office space altogether, we do know that they will be much more selective in their searches.”
Brounell & Kramer Realtors represented both parties in the transaction.