Avison Young arranges 54,000-sf lease for Impulse Dynamics

Avison Young arranges 54,000-sf lease for Impulse Dynamics January 17, 2023

The new long-term lease at 50 Lake Center Drive will fuel growth

Philadelphia, PA Avison Young has arranged a new lease at 50 Lake Center Drive in Marlton, NJ on behalf of Impulse Dynamics. The new 54,000-square-foot (sf) space will be used to expand and grow Impulse Dynamics’ operations as their new corporate headquarters, with anticipated move-in date in May 2023. The class A building was formerly the corporate headquarters of Virtua Health System.

Avison Young’s Scott Martin, Principal, based in the firm’s Philadelphia office represented Impulse Dynamics. Crown Properties of New York, the landlord was represented JLL.

“Impulse Dynamics is a world-leading cardiac medical device company with plans to grow substantially in the near-future,” said Martin. “Their move to 50 Lake Center will help foster that growth, support their operations, and meet their ambitious goals including becoming publicly traded in 2023.”
 
Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.

Avison Young is a 2022 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for 11 consecutive years.

For more information:
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Media contact:
  • Nathan Reyna, Regional Media Relations & Content Specialist, Northeast & Midwest: +1.917.877.1697
Business Development:
  • David Fahey, Principal & Managing Director, Philadelphia: +1.610.276.1081
  • Scott Martin, Principal, Philadelphia: +1.610.276.3148