www.marej.com M id A tlantic Real Estate Journal — March 2024 — 11C The LARGEST MEDICAL OFFICE LEASE of 2023
NAI Summit Bethlehem Medical Arts Center Bethlehem, PA
Lee & Associates NJ 5 Sylvan Way Parsippany, NJ
Cushman & Wakefield Summit Health at 39 W. Northfield Livingston, NJ
Brokers: Marc Rosenberg Size: 55,200 SF
Brokers: Sarah Finney Miller & Jennifer Kennedy Size: 3,461 s/f The Bethlehem Medical Arts Center welcomed North- east Rehab Associates, a physicians group treating patients in physical medicine and rehabilitation. This 3,461 s/f second floor suite is a new location for the medical group; it will increase their presence in eastern Pennsylvania and improve service to their patient base. The Bethlehem Medical Arts Center is a two-story, class A office building focused on catering to individual practices, medical groups, and medical industry specialists. Located off Route 512, the facility offers convenient access to major highways.
Summit City MD, one of the premier physician- governed multi-specialty medical groups in the country and leading urgent care provider in the New York metro area, signed a 55,200 s/f, 20-year lease at 39 W Northfield Road. Summit City MD has more than 1,400 health care providers across 400 locations and this facility will enable them to continue expanding their service offerings for the community.
Brokers: Peter Rasmusson Size: 10,044 SF
Lee & Associates New Jersey represented Korber Pharma Software in its lease extension at 5 Sylvan Way, which is part the Arbors @ Parsippany office campus. This transaction represents the continuation of a long- standing relationship; Peter Rasmusson has brokered multiple transactions on behalf of the firm, including its initial regional office lease at this property. Onyx Equities recently completed a repositioning at the five-building Arbors @ Parsippany, including the incorporation of an extensive amenities suite; that addition was instrumental in Korber Parma’s decision to remain in place at the class A campus.
NAI SUMMIT CONGRATULATES BEST OF 2023 WINNERS
MOST UNIQUE OFFICE LEASE Mike Adams & Sarah Finney Miller
MOST UNIQUE RETAIL SALE Jennifer Kennedy
LARGEST MEDICAL OFFICE LEASE Sarah Finney Miller & Jennifer Kennedy
MOST UNIQUE INDUSTRIAL SALE Mike Adams & Sarah Finney Miller
TOP LEASE BROKER TEAM Mike Adams & Sarah Finney Miller
TOP SALES BROKER TEAM Mike Adams & Sarah Finney Miller
Commercial real estate firm specializing in sales & leasing, tenant representation, investment sales, advisory, property management, building services, and project management.
1620 Pond Road Suite 150, Allentown PA 18104 www.naisummit.com | 610-264-0200
Make your move with NAI Summit.
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