Larken Associates on Wednesday said it secured a lease renewal with Saint Clare’s Health for 11,824 square feet of medical office space at Parsippany Commons in Parsippany.
Located at 3219 Route 46 E., the commons is a three-story building offering over 54,000 square feet of medical, dental and professional office space. With units starting at 688 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 features modernized lobbies and hallways, upgraded lighting and distinct atrium windows spanning the entire façade of the building. Paired with its modern features and flexibility, the property has signage available along Route 46 and is easily accessible from Routes 10, 46 and 202, as well as Interstates 80 and 287.
A Larken Associates tenant since 2006, Saint Clare’s Health provides high-quality, compassionate care throughout Morris and Sussex counties. In addition to its network of hospitals and health care facilities, including Denville Hospital, Dover Hospital and Behavioral Health Centers in various satellite locations, Saint Clare’s Parsippany Commons location is a fully operational imaging center and provides adequate space to house additional administrative offices and medical uses.
“This renewal is indicative of the strong tenant retention we continually experience throughout our portfolio as a result of our relationships with our tenants and our commitment to providing and maintaining high-quality spaces across all of our properties,” said Victor Kelly, executive vice president of Raider Realty, the in-house brokerage division of Larken Associates. “We have been working closely with Saint Clare’s Health over the last 15 years to ensure their office space continually met the needs of their business and patients. They have since become great partners, and we look forward to continue supporting them in the years to come.”
