Montgomery Commons at Route 206 and Applegate Road in Montgomery — Courtesy: Larken Associates
By Joshua Burd
A New York City-based marketing and consulting firm has found temporary office space just outside Princeton, where it has leased 800 square feet in a transaction with Larken Associates.
The developer and landlord announced Tuesday that it has secured the short-term commitment from the undisclosed firm. The transaction took place at Larken’s Montgomery Commons office campus, which sits at the intersection of Route 206 and Applegate Road in Montgomery, as the tenant grapples with the uncertainty of trying to return to its office in Midtown.
“While the long-term impacts of COVID-19 on the broader New York City office market remain to be seen, we expect elevated interest from NYC-based companies looking to New Jersey’s diverse slate of suburban office stock as a temporary home while the city recovers,” said Rob Marek, executive vice president of Raider Realty, the in-house brokerage division of Larken Associates. “We are happy to help companies secure temporary or alternative space solutions to ensure they can continue to operate during these unprecedented times.”
Larken noted that the marketing firm employs more than 75 consultants who work with a range of national brands to create campaigns tailored to Generation Z. As the company planned its return to a physical workplace, it determined that going back to its Manhattan office was unlikely in the next several months.
Montgomery Commons, a 59,000-square-foot, nine-building office complex, is just a few miles north of downtown Princeton and less than a mile from the Princeton Airport. The property offers flexible and modern office spaces, along with offices with private entrances, bathrooms, and kitchenettes and dedicated, individual HVAC units for each suite.
Larken also announced a recent lease at the complex with Princeton Spine, which is taking 1,260 square feet.