Larken Associates on Wednesday said it helped facilitate a lease renewal for 5,938 square feet of medical office space with a longtime tenant, Delaware Valley Retina Associates, in Lawrenceville.
Located at 4 Princess Road and situated on 9 acres of professionally landscaped grounds, the office park offers 47,094 square feet of highly visible office and medical space. The two-building complex is located at the interchange of Exit 68 on Interstate 295 near Princeton Pike and Franklin Corner Road. Each custom built-to-suit tenant space offers a private bathroom, kitchenette and separate utilities and offers proximity to the many hotels and restaurants in the Princeton and Trenton areas. As an added convenience, the property features an on-site Montessori day care.
Demonstrative of Larken Associates’ long-term ownership strategy and its commitment to fostering strong relationships, Delaware Valley Retina Associates has been a tenant at Princess Road Office Park for over 23 years.
“Our renewal with Delaware Valley Retina Associates illustrates our continued commitment to our tenant’s long-term success,” Victor Kelly, executive vice president of Raider Realty, the in-house brokerage division of Larken Associates, said. “It’s been an absolute pleasure to grow this relationship over the past two decades and we’re proud to help them bring their important services to the community.”
Vinny DiMeglio of JLL represented Delaware Valley Retina Associates in the transaction.
