Hillsborough Business Center on Stryker Lane in Hillsborough — Courtesy: Larken Associates
By Joshua Burd
Larken Associates has signed a nearly 23,000-square-foot renewal with a longtime tenant at its flex industrial campus in Hillsborough.
The user, II-VI Incorporated, is a global company that develops products for use in the industrial, optical communications, aerospace and defense, life sciences, semiconductor capital equipment and consumer markets, according to a news release. It has been a tenant at the Hillsborough Business Center on Stryker Lane for nearly 20 years, Larken said, using the space for manufacturing, assembly, research and development and office and administrative uses for electronic equipment and components.
“We pride ourselves on our many long-term tenant relationships, which are indicative of not only our commitment to superior management but our focus on ensuring our commercial properties are consistently among the finest in their local markets and can support our tenants’ changing needs,” said Victor Kelly, executive vice president of Raider Realty, the in-house brokerage division of Larken Associates. “Our relationship with II-VI demonstrates our ability to evolve with our tenants and provide spaces that support their needs throughout all business lifecycles.”
In a news release, Larken noted that it initially established a relationship in 2000 with Integrated Photonics, a Hillsborough-based company that was established in 2000 from the magneto-optic materials group of AT&T Bell Labs. After II-VI acquired Integrated Photonics in 2017, the Saxonburg, Pennsylvania-based company maintained its presence at Hillsborough Business Center.
It’s among a host of tenants at the 550,000-square-foot, 27-building industrial and flex complex near Route 206. Larken noted that the 100-acre site, which provides easy access to area highways, is suited for uses ranging from research and development to warehousing to fitness and recreation.
Newmark Director Dan Reider represented II-VI alongside Associate Director Garrison Efird and Vice Chairman Adam Faulk of the firm’s Dallas office.