Descrição

Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained on an exclusive basis to arrange the sale of 50 Lake Center (the “Property”), an 88,753 square foot office building located directly off Routes 70 & 73 in the premier location of Marlton, New Jersey.

The Property is 100% leased to seven tenants with a weighted average lease term of 6.2 years. Anchored by Impulse Dynamics, which occupies 53,736 square feet representing over 60% of the building’s rentable area through October 2033, the Property offers stable cash flow with substantial long-term lease security.

50 Lake Center has demonstrated exceptional leasing performance. Notably, all seven current tenants have executed new leases since 2022, underscoring both the asset quality and the strength of Marlton’s office market fundamentals.

Strategically located in Marlton, NJ, the Property offers exceptional connectivity with direct access to Routes 70 and 73 and proximity to I-295 and the New Jersey Turnpike, providing seamless access throughout the Philadelphia MSA. The Promenade at Sagemore, less than three miles away, serves as South Jersey’s premier retail destination with over 50 stores and restaurants. Marlton’s established corporate presence, including Virtua Health, TD Bank regional operations, and numerous pharmaceutical companies, creates a diverse economic base that solidifies Marlton’s position as a preferred location for businesses seeking to attract and retain top talent in the region.

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