Atkins Companies Inks Lease to Bring Mental Health Provider to Medford, N.J.
Lease illustrates growing demand from mental health services
Medford, N.J. (February 14, 2023) – Atkins Companies announces a new lease with Partners for Healing and Changework at Medford Medical Center Located at 103 Old Marlton Pike in Medford, N.J.
Set to occupy their space within the first quarter of 2023, Partners for Healing and Changework offers a wide variety of counseling services to assist those who wish to make changes, reduce stress and improve their lives. Their list of services includes individual therapy for children, teens and adults, family and couples therapy, bereavement counseling, and hypnosis among others.
Since the COVID-19 pandemic, there has been a significant rise in demand for mental health services. The Center for Disease Control and Prevention reports that 1 in 5 Americans will experience a mental illness in a given year. In 2022, data from the American Psychological Association highlighted that six in ten practitioners reported that they no longer have openings for new patients, with many providers being unable to meet the demand for treatment and services. As demand for mental health services continues to rise, there is a growing need for medical office space designed to meet the needs of today’s patients and practitioners.
Further emphasizing the demand, Atkins Companies also signed a lease with Peaceful Practices in June 2022 at the property. Peaceful Practices offers comprehensive services including anger management, counseling for anxiety, counseling for trauma, mindfulness health and wellness coaching, social anxiety disorder counseling and therapy for depression to individuals, couples and families.
“The growing need for mental health services is a national topic for a reason. There are countless individuals in need of specialized services, but many find it challenging to find local access,” said Bob Atkins, Principal of Atkins Companies. “We’ve been happy to work with each of these providers to enhance their delivery of much-needed care to the local community and look forward to building upon our relationship with them in the years to come.”
Prior to Atkins’ acquisition of the Medford Medical Center in September of 2017, the building was comprised of 20 commercial condominium units owned by several individual practitioners. The ownership structure of the building had caused a lag in ongoing capital improvements and general upkeep, leaving a medical office asset that was struggling to attract quality tenants. After acquiring the Medford Medical Center through a joint venture with Capital Solutions Inc., Atkins oversaw an extensive renovation project at the building that involved a series of upgrades including a new exterior façade and fully renovated interior common spaces.
Today, the two-story 46,000-square-foot medical office building is anchored by established medical groups Larchmont Imaging and South Jersey Eye Physicians and is home to a number of other prominent health care providers. Located across the street from the Medford Municipal Building, the Medford Medical Center is ideally located near numerous retail centers and amenities and is also adjacent to Route 70, which provides direct access to downtown Philadelphia. Additionally, Medford Medical Center features a meticulously landscaped exterior and an abundant parking ratio to easily accommodate patients.
