MT. LAUREL, NJ—WCRE represented Somerset Properties' LSOP NJ LLC to complete a new 10,000-square-foot lease expansion for Virtua Health Inc. at 2000 Crawford Place, in the Horizon Corporate Center. With this expansion, Virtua increases its occupancy at the property to 28,650 square feet. The single story, multi-tenant building is now 88% occupied, with only two suites remaining for lease.

The Horizon Corporate Center is located near a commercial hub, with many restaurants and shopping centers nearby, including Greentree Square Shopping Center and the Moorestown Mall. Its location provides access from Routes 73 and 70, as well as I-295 and the New Jersey Turnpike. Siemens, 7-Eleven, Burns and Roe, and The Mentor Network are among the current tenants.

“It has been exciting to watch Virtua's growth in South Jersey and within the Horizon Corporate Center, and we are thrilled that WCRE and NGKF were able to fulfill their expansion needs,” says Jennifer Wierman, director of leasing at Somerset Properties. “We are very pleased with the result of this total team effort.”

Christina Del Duca, vice president at WCRE, led the leasing and marketing team, which included Leor Hemo, executive vice president, and the firm's principal, Jason Wolf. Jeff Tertel, executive managing director of Newmark Grubb Knight Frank, represented the tenant.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Steve Lubetkin

Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].