Avison Young: Medical device maker takes 54,000 sq. ft. at Marlton office building

Jan 18, 2023 | Deals, Office

50 Lake Center in Marlton — Courtesy: Avison Young

By Joshua Burd

A medical device company has secured its new headquarters after leasing 54,000 square feet at a Burlington County office building, a broker with Avison Young announced Tuesday.

The user, Impulse Dynamics, is eyeing a May 2023 move-in date at 50 Lake Center Drive, in the Marlton section of Evesham. The building is the former headquarters of Virtua Health System, Avison Young said, noting that it will allow the new tenant to expand and grow its operations.

Avison Young’s Scott Martin, a principal based in the firm’s Philadelphia office, represented Impulse Dynamics. JLL represented the landlord, Crown Properties.

“Impulse Dynamics is a world-leading cardiac medical device company with plans to grow substantially in the near future,” Martin said. “Their move to 50 Lake Center will help foster that growth, support their operations, and meet their ambitious goals including becoming publicly traded in 2023.”

Subscribe

Joshua Burd

Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for 13 years. Many industry leaders view him as the go-to real estate reporter in the state, a role he is eager to continue as the editor of Real Estate NJ. He is a lifelong New Jersey resident who has spent a decade covering the great Garden State.

Other Top Stories