Gastroenterology group renews for 9,000 sq. ft. in Marlton

Jul 16, 2019 | Deals, Education, Office

406 Lippincott Drive in Marlton — Courtesy: Rose Commercial Real Estate

By Joshua Burd

A gastroenterology practice has extended its lease at a medical office complex in Marlton, under a newly announced transaction by Rose Commercial Real Estate.

The brokerage firm represented South Jersey Gastroenterology in the renewal at 406 Lippincott Drive, where the practice leases 9,021 square feet from Villa Chapman Apartments LLC. The facility is home to 10 physicians and is among seven offices for the practice, benefiting from a location along Route 73 and near Interstate 295 and Route 70.

Rose Commercial Real Estate Vice President Brett Davidoff completed the transaction.

“South Jersey Gastroenterology has been a longtime loyal client and when it came time to renew, there was no shortage of reasons for the practice to extend its lease,” Davidoff said. “We were pleased to help renegotiate the best possible deal for the tenant, landlord and patients who benefit from having top quality care in our backyard.”

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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.