Press Release brought to you by Patterson-Woods Commercial Properties/CORFAC International

Patterson-Woods Commercial Properties/CORFAC International Leases Former CHOP Space at Jenner’s Commons in West Grove, PA

06/06/2016

Wilmington, DE (June 6, 2016) – Patterson-Woods Commercial Properties/CORFAC International, a leading full-service commercial real estate provider serving the Mid-Atlantic market, today announced the completion of a 5,716 sq. ft. medical office lease at Jenner’s Commons Business & Professional Village, an office and retail complex in West Grove, PA.  

Jennersville Regional Hospital, a community healthcare provider offering inpatient and outpatient, emergency, surgical, and diagnostic care,  is expanding and will occupy the 5,716 sq. ft. space. The turn-key medical office, owned by SF III Vineyard Way, LLC, includes sick and well waiting rooms, a large reception area, a separate employee entrance and break room, lab space, and sixteen exam suites. The previous tenant, a Children’s Hospital of Pennsylvania (CHOP) Primary Care center, has moved to the recently constructed Penn Medicine Center. 

Rich Dudek and Chris Moore of Patterson-Woods represented the landlord in the lease negotiations. Adam Knox of NAI Geis represented the tenant. 

"The leasing activity has picked up lately as we feel many of the area retailers, office users, and restaurants are looking to consolidate in this growing area off of Route 1,” said Moore. "Jennersville Hospital’s quick decision to expand into the former CHOP space in Jenner’s Commons is an example of the increased activity, along with the location's easy access, attractive location and proximity to other businesses."

The hospital will join The Growing Place Childcare & Preschool, Premier Dental, KMC Gymnastics, and Jillian Grace Salon at Jenners Commons. There is a portfolio of space currently available consisting of immediately available suites, one pad site approved for a 2,760 sq. ft. building, and two 10,000+ sq. ft. buildings already approved for development. The immediately available suites include a 7,000 sq. ft. fully built-out former salon/spa ready to move in and a 1,025 sq. ft. office or retail shell ready for tenant fit-out. The complex sits at the corner of 796 and 896 in West Grove, PA, and is minutes from Route 1. The remaining spaces are being exclusively listed by Patterson-Woods.  

About Patterson-Woods Commercial Properties/CORFAC International:

Patterson-Woods Commercial Properties/CORFAC International is a leading commercial real estate services firm specializing in the Mid-Atlantic commercial property markets. We have been providing the most complete selection of commercial real estate services to the communities of Delaware, Maryland and Pennsylvania for over 50 years. Patterson-Woods Commercial Properties is a second generation company well known for facilitating solutions to the needs of the business community and developers of real property. For more information on Patterson-Woods/CORFAC International, contact the company's Wilmington, Delaware headquarters at 302-622-3500 or visit www.pattersonwoods.com

About CORFAC International:

CORFAC International is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. CORFAC has 49 offices in the U.S., 7 in Canada and 25 offices internationally. Founded in 1989, CORFAC firms completed (in 2014) more than 10,000 lease and sales transactions totaling 400 million square feet of space valued in excess of $7.4 billion. For more information on the CORFAC network, call the Chicago headquarters at 224.257.4400 or visit www.corfac.com

 

Source

Patterson-Woods Commercial Properties/CORFAC International

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