20A — July 2024 — Owners, Developers & Managers — M id A tlantic Real Estate Journal
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O wners , D evelopers & M anagers
Core Enterprises manages construction of the building Larken Associates breaks ground on 50,000 s/f flex industrial/warehouse building in Flemington, NJ
F LEMINGTON, NJ — Larken Associates , one of the regional leaders in real estate building, develop- ment and management has be- gun construction at Flemington Junction Business Center II, a 50,000 s/f flex industrial/ware - house building located at 20 Minneakoning Rd. in Fleming- ton. Construction of the build- ing is being managed by Core Enterprises , the in-house construction team of Larken Associates, and is slated for completion in Q4 2024. Flemington Junction Busi- ness Center II is situated in a
has continued to emerge as a commercial hub for busi- nesses of all sizes across a wide range of industries,” said Rob Marek , executive vice president, commercial division of Larken Asso- ciates. “We are excited to bring in-demand industrial space to the local market and continue to grow our ex- pansive commercial portfolio throughout the region.” Flemington Junction Busi- ness Center II is located just a half mile from Flemington Junction Business Center, the firm’s four-building, 150,000 s/f flex industrial/warehouse complex located at 115 River Rd. in Flemington, which is 100% leased. In other news, Larken Asso- ciates has signed a 13,500 s/f lease expansion with Bluestar Direct, LLC at Hillsborough Business Center located on Stryker Lane in Hillsbor- ough. Larken Associates was represented by Victor Kelly , executive vice president of Raider Realty , the firm’s in-house brokerage team, in the transaction. Larken Associates has nego- tiated a 3,082 s/f medical office lease with Center for Vein Restoration (CVR) at Mont- gomery Professional Center located at Route 518 and Vree- land Dr. in Skillman. Larken Associates was represented by Kelly, and CVR was rep- resented by Paragon Real Estate in the transaction. CVR is a vascular care pro- vider specializing in treating patients affected by venous insufficiency (also known as vein disease). As the largest physician-led vein center in the United States, the practice boasts more than 110 clinics nationwide and is guided by its mission to improve lives in the communities it serves. CVR plans to utilize its new space at Montgomery Professional Cen - ter for both an additional clinic and general medical office use. “Over 25 million people in the United States are affected by chronic venous insufficiency,” said Brendon Behan, director of real estate and facilities of Center for Vein Restoration. “Our new clinic at Montgomery Professional Center is our 12th in New Jersey and speaks to our commitment to provide patients with increased access to the care and services they need to live a healthier and more comfortable life.” MAREJ
prime location just off Rte. 31 and offers convenient access from Rtes. 22 and 202 and In- terstates 78 and 287. Designed to accommodate the needs of virtually any commercial tenant, the building features 32’ clear ceiling heights, 41’ by 50’ column spacing, heavy power, LED warehouse light- ing, 360-degree site circulation, heavy floor load and designated loading docks and drive-ins. Units start at 3,125 s/f and can be coupled to facilitate any size up to 50,000 s/f. “Over the past several years, Hunterdon County
Flemington Junction Business Center II
QUALITY COMMITMENT PERFORMANCE
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www.earthengineering.com Corporate Headquarters: 610-277-0880 Lehigh Valley: 610-967-4540 Central PA: 717-697-5701 South Jersey: 856-768-1001
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