Tuesday, January 27, 2015

Two New Medical Office Tenants Sign Leases at Springfield Plaza

by Steve Lubetkin GlobeSt.com

Willner Properties recently finalized two new leases at Springfield Plaza located at 130 South State Road in Springfield, PA. Moore Eye Institute and the Institute of Spine and Pelvic Pain Interventions & Rehabilitation leased a total of more than 3,600 square feet. Springfield Plaza recently completed a capital improvement project that features refreshed common areas, signage upgrades and a new roof.

The two new leases bring this mixed-use building to over 90% occupancy. Moore Eye Institute at Springfield Plaza will be the practice’s fifth location in Philadelphia area suburbs and will serve as their main corporate office location. The eye surgery and vision center chose to open their office in a Willner Properties’ owned locale due to the convenient location, their reputation for high quality management and overall value and quality of the space.

The Institute of Spine and Pelvic Interventions & Rehabilitation is the medical offices of Dr. Malathy Appasamy, a physiatrist specializing in physical rehabilitation services. This is the second office for Dr. Appasamy. Her original office is located in Center City Philadelphia.

Springfield Plaza offers convenient access to Delaware County’s skilled workforce with public transportation at the front door as well as numerous local restaurants and retail opportunities. The property sits at the prime crossroads of Route 1 and Route 320 just minutes off Exit 3 of the Blue Route.

“We are very excited to welcome these well-respected medical practices to our property to join the ranks of high profile tenants like Verizon Wireless, Santander Bank and Edward Jones,” says Craig R. Bradley, vice president of Willner Properties.

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