B — May 31 - June 13, 2013 — Industrial / Distribution Centers — Mid Atlantic Real Estate Journal www.marejournal.com I ndustrial R eal E state & D istribution C enters Features 24 separate buildings providing 525,000 s/f of space Larken Associates leases 50,000 s/f at Hillsborough Business Center in first quarter of 2013 H illsborough, NJ — Larken’s com- mercial leasing ledger
paints a very positive picture at its Hillsborough Business Center, signing 50,000 s/f in new or renewed leases in the first three months of 2013. New leases made up nearly 18,000 s/f of that total with tenants including All Corpo- rate Services, BRC Electrical Contractors and Tool in the Box all leasing 1,625 s/f and Newell Strength expanding into 3,000 s/f. Renewals were also strong with Zala Machines staying in its 15,000 s/f space, along
Hillsborough Business Center
with Qingdao Super Products, Electrical Installation & De- sign and Eagle Contracting & Cooling staying put in 4,864, 2,500 and 1,135 s/f respec- tively. Our leasing team has done a great job keeping Hillsborough Business Center well-occupied throughout the recession,” said David Gardner, presi- dent and COO of Larken As- sociates . “However, it’s really exciting to see so many new tenants who are benefiting from its great location and Larken’s ability to customize spaces to fit tenants’ needs for office and warehouse space.” Hillsborough Business Cen- ter features 24 separate build- ings providing 525,000 s/f of space with ample parking, separate utilities and entranc- es for each tenant, and 18 to 22 foot ceiling heights with large overhead dock doors. Light industrial zoning pro- vides for multiple permitted uses including office, ware- housing, distribution, lab, light manufacturing, and assembly, and units are available start- ing at 1,125 s/f to 40,000 s/f to accommodate industrial users of any size. Located just one block west of Route 206 in the bustling business and residential com- munity of Hillsborough in Somerset County, it is easily accessible fromRoutes 287, 78, 22, 1 and 206. Family-owned Larken As- sociates has been building and managing commercial and residential real estate for nearly four decades, with a résumé that also includes building single family homes and building and managing residential condominiums, town homes, active adult com- munities and garden-style apartments. n
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