Elite Concierge Medicine has signed a 1,105-square-foot medical office lease at 414 Eagle Rock Avenue in West Orange, according to a Thursday announcement from NAI James E. Hanson.
Hanson’s Team Lizzack-Horning, comprised of Darren Lizzack and Randy Horning represented the owner, Cort Eagle LLC in the transaction with the tenant, Elite Concierge Medicine.
The lease signals the growing presence of concierge medical practices across the state. It is projected that the U.S. concierge medicine market is predicted to be worth nearly $18B by 2033.
“Concierge medical providers are the latest entrants into northern New Jersey’s already competitive healthcare market,” Lizzack said. “Their arrival, combined with strong existing demand from primary and specialty care providers, has intensified competition for suburban Class-A medical office space in recent years.”
414 Eagle Rock Avenue is a 54,799-square-foot professional and medical office building located just off Interstate 280 in West Orange. Renovated in 2024, the property offers new common area carpeting, wallpaper, window blinds, elevator cabs, bathrooms and a new digital directory.
Elite Concierge Medicine is a concierge medical practice, a membership-based health care delivery model offering patients highly personalized and accessible care from their physicians.