HomeReal Estate & DevelopmentBranchburg Centre continues strong tenant retention with lease renewal from Pure Technologies

Branchburg Centre continues strong tenant retention with lease renewal from Pure Technologies

Larken Associates secures 7,654 sq. ft. commitment from provider of technology-driven solutions for critical infrastructure

Pure Technologies recently signed a lease renewal for 7,654 square feet of office space at Branchburg Centre in Branchburg, according to a Wednesday announcement from Larken Associates.

Located at located at 3040 U.S. Route 22 W., Branchburg Centre is a multibuilding property offering built-to-suit, custom-designed spaces spanning 109,000 square feet of professional office and medical space for lease in Somerset County.

Larken Associates continues to see strong demand for quality office space at Branchburg Centre, following a substantial capital improvement plan that brought new LED lighting, contemporary glass walls and a complete interior and exterior overhaul to the property.

The increase in demand has led to the planned construction of an additional 19,000-square-foot, Class A professional and medical office building on the property, with occupancy slated for the third quarter of 2022.

Branchburg Centre has been home to Pure Technologies since 2014. A leader in pipeline inspection, control and sustainable long-term management, Pure Technologies was acquired by Xylem in 2018. The company’s mission is to solve critical water and infrastructure challenges through innovation and aims to help utilities affordably maximize the life of their buried assets and prevent critical pipeline failures that threaten the environment or access to essential services.

“This renewal represents the tremendous demand for the high quality, modern space in the Somerset County office market, and those buildings are becoming increasingly difficult to find,” said Victor Kelly, executive vice president of Raider Realty, the in-house brokerage division of Larken Associates. “Pure Technologies has seen this property evolve throughout our acquisition and the subsequent capital improvements, so we are thrilled to see that those strategic investments have paid dividends by attracting and retaining growing and innovative companies like them.”

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