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The premier strategic partner for sophisticated real estate clients in Central New Jersey

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PPP Negotiated the sale of two Class A office portfolios totaling 10 buildings over 1.1 Million square feet. Total transaction value equal to $270 million.
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PPP is currently managing over $200 million of entitlements/development work.
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PPP is known for successfully negotiating large, complex build-to-suit projects.
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Princeton Property Partners: The leading Investment/ Development Company in Princeton.
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Princeton Property Partners’ team is a multi-disciplined group of professionals that provides a variety of services to our clients:

Investor & Development
Services

Brokerage

Property & Construction Management

Princeton Property Partners was formed in 2001 as Mercer Oak Realty. We have since built teams to provide development/ investment and property and construction management services. We have always worked hard to offer superior services to our valued clients and superior returns to our investor partners. From the early years, our professionals have always sought to "under-promise and over-deliver". By focusing only on the Princeton region, we know every building, every company, and all of the participants in the market. We have had the honor to work with many of the most sophisticated players in the Princeton market. 

ABOUT US

Welcome to Princeton Property Partners. We’ve brought together our affiliate companies, Mercer Oak Realty and Princeton Property Management, under one new single business name. Our vision continues to be the premier strategic partner for sophisticated real estate clients in Central New Jersey and to help them achieve the highest return from their real estate resources, helping them to be where they want to be.

Princeton Property Partners serves Commercial Real Estate clients in the Princeton market. Our brokers in the firm have a deep well of collective commercial real estate market knowledge. We work with Tenant, Landlord and Investor clients, helping them to find office space, lease, sell or buy commercial buildings/ space and build and manage real estate investment portfolios. We help clients reach their goals through sophisticated and intelligent real estate counsel by applying a thorough understanding of the market, statistical data, sophisticated financial analysis and keen negotiating skills.

Aubrey Haines CEO-Princeton Property Partners appears as a guest on Central New Jersey Network’s, Mercer Local Influencers. (click image to view video)

Princeton Property Partners serves Commercial Real Estate clients in the Princeton market. Our brokers in the firm have a deep well of collective commercial real estate market knowledge. We work with Tenant, Landlord and Investor clients, helping them to find office space, lease, sell or buy commercial buildings/ space and build and manage real estate investment portfolios. We help clients reach their goals through sophisticated and intelligent real estate counsel by applying a thorough understanding of the market, statistical data, sophisticated financial analysis and keen negotiating skills.

Firm Principals, Sab Russo and Aubrey Haines have represented clients in commercial real estate transactions valued at over $3 billion since 2001. Sab and Aubrey have negotiated some of the largest and most challenging lease and sale transactions in the Princeton market.

Where You Want To Be

  • All
  • Investment
  • Office
  • Multifamily
  • Industrial
  • Retail

145 Witherspoon St

Up to 20,000 SF Development Site—25 Apartment Units

½ Block from Downtown Princeton

200 PrincetonSouth Corporate Center

Up to 150,000 SF Office Space Available

Located on Route 31 at I-295 (Exit 72) Ewing, NJ

Sublease

60 N. Tulane Street

Approved Multi-Family Development in the Heart of Downtown Princeton
Prestigious downtown Princeton location–immediately adjacent to large public area. Located near dozens of restaurants and bars, Town Library and Princeton Arts Council, grocery and liquor/wine stores, retail, theatre, museums, performing art center, cafes, and more.

15 Spring Street

Retail Space Available

Prestigious Downtown Princeton Location

 

Fully Leased

172 Nassau St

Apartment Spaces Available
Prestigious downtown Princeton location–immediately adjacent to large public area. Located near dozens of restaurants and bars, Town Library and Princeton Arts Council, grocery and liquor/wine stores, retail, theatre, museums, performing art center, cafes, and more.

19 Roszel Square

38,000 SF Under Construction

Carnegie Center Location

 

For Lease

50 Airport Corporate Park: Under Construction, Fully Leased

195,000 SF Warehouse: Build to Suit

Located on Scotch Road at I-295 (Exit 73) Ewing, NJ

 

Fully Leased

Ellsworth Village Square

Two approved buildings (8,289sf and 3,019sf)

Target delivery Q4 2023

25 South Montgomery Street

Office Space Up to 96,000 SF Divisible to 13,000

Ready To Rent

550 W Ingham Ave

Harris Manufacturing Building

Industrial Buildings for Sale in Ewing Township $3.25M

Team

Princeton Property Partners offers a deep, broad team of experienced professionals to guide our clients through all market conditions.  PPP concentrates on helping our clients realize their goals by listening carefully and deploying the correct team to every project.

Aubrey Haines

Chief Executive Officer

Aubrey Haines has over 35 years’ experience in the Princeton commercial real estate market and has been responsible for negotiating over $2.8 billion in acquisitions, leasing and sales transactions.  He has quarterbacked a myriad of entitlements projects ranging from single-family homes to townhomes to large-scale industrial, office and mixed-use properties.  

Sab Russo

President

Sab has 30 years of experience in the Princeton commercial real estate market, focusing on large Office and Life Science R&D leasing and sale assignments, as well as land sales and development projects. Sab has an uncommon ability to understand and solve problems, and creatively negotiate complex transactions.

Spencer Page

Chief Financial Officer

As chief financial officer (CFO) and chief operations officer (COO), Spencer is responsible for the groups’ financial functions along with managing the day to day running of the operational and investment Companies. His duties also include the oversight of the investor relations along with all human resources activities. His career spans more than 25 years of experience in financial management, business leadership and corporate strategy at both large and small entities.

Zac Anglin

Director

Zac began his real estate career in San Francisco where he negotiated over $250 million in leasing and sales transactions in his first 5 years.  He works with both owners and tenants to negotiate lease transactions with special attention to meeting his client’s needs.  He has worked with both individual owners as well as equity partners in the sale and acquisition of commercial properties.

Charles Longo

Senior Property Manager

Charles Longo is an accomplished property management professional with over 18 years of experience managing large office parks, retail commercial shopping centers and industrial properties throughout the US.

Krista Weaver

Associate Director

Krista joined Princeton Property Partners in 2022, assisting in leasing and sales of office, medical and life science space. She strives to provide first-in-class service to clients. Krista comes from a background in residential real estate, and began her career in the Washington, D.C., market. 

Anna Emmanuel

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Kathy Russo

Creative Director

Kathy Russo returned to the corporate world in May, 2018 after staying home with her twins for 18 years. Her diverse professional background includes several careers. Kathy started out as Pastry Chef at The Frog and the Peach in New Brunswick. She then became Executive Pastry Chef in the executive dining room at Bristol-Myers Squibb in Princeton.

Clients Who Trust US

Testimonials | What Our Clients Say

Testimonials

What Our Clients Say

Robert P. Freeman

SENIOR MANAGING DIRECTOR

GREYFIELDS INVESTORS L.L.C.

“Greyfields investors bought Airport Corporate Park through Mercer Oak Realty in 2007. Sab Russo has advised us every step of the way. As an out-of-state owner, we needed a firm that would go beyond the traditional brokerage role and be our advocate. In our seven year relationship, Mercer Oak has more than filled that role. Mercer Oak is our local eyes and ears in the Princeton market. They are a trusted partner in our effort to reposition the property and capture tenants. They are truly invested in the success of Airport Corporate Park.”

Jeffery D. Gordon Esq.

MANAGING PARTNER

ARCHER & GREINER, P.C.

“Archer & Greiner has a long history with Mercer Oak Realty. Aubrey Haines has been a trusted advisor and our tenant representative broker since we entered the Princeton market many years ago. Mercer Oak understands our needs, knows this market, and has the relationships that were important for our recent expansion project. We are very pleased with its representation on our new Carnegie Center lease and its continued attention to detail through the planning and construction of the space. We will continue to turn to our friends at Mercer Oak for our real estate brokerage needs.”

Princeton Property Partners

200 Princeton South Corporate Center
Suite 100
Ewing, NJ 08628

info@ppp.usa.com


609.452.0200

Recent News

Princeton Property Partners negotiates lease for Essential Properties Realty Trust at 15 Exchange in Jersey City

Sab Russo, President of Princeton Property Partners (aka Mercer Oak Realty) announced that his team had secured 4,000 sf of space at 15 Exchange on the Jersey City Waterfront for  Essential Properties Realty Trust (EPRT), a publicly traded REIT on the New York Stock Exchange.   The 11 story, 136,000 sf office building boasts spectacular, unobstructed views of the Hudson River and Manhattan skyline.  Access to mass transit is unmatched with the Exchange Place PATH station and Hudson-Bergen Light Rail immediately across the street.    “EPRT is headquartered in Princeton, but required a satellite office in Jersey City to allow easy access to financial markets and to recruit talent from the North Jersey and NYC ” said Russo.   “David Elkouby, Managing Partner for the Landlord, American Equity Partners, is hands-on and has a great team in place” said Russo .  Mike Pietrowicz and David Stifelman of JLL represented the Landlord. This is the second transaction that PPP has negotiated for EPRT; the first being a long term lease for  its 14,000 sf headquarters at 902 Carnegie Center in Princeton.      Sab Russo and Krista Weaver represented Essential Properties.   About Princeton Property Partners: Princeton Property Partners (PPP) is a vertically integrated, Princeton-focused commercial real estate family of companies. Established in 2001, the firm is led by partners Aubrey Haines, Sab Russo and Spencer Page.  Service lines include Development & Investment, Commercial Brokerage, Consulting, Advisory Services and Property & Construction Management.  PPP consistently ranks as one of the top development firms in Princeton.  Its commercial brokerage operation is also #1 or #2 in the market based on transaction value and square footage leased/sold. The firm has over 500,000 sf under management, making PPP one of the largest third-party property managers in the Princeton Market.

Princeton Property Partners negotiates acquisition of 950 Hamilton St in Somerset for Princeton Eye Group

Sab Russo, President of Princeton Property Partners (PPP) announced today that Princeton Eye Group has closed on 950 Hamilton St in Somerset for an undisclosed price.  With offices in Monroe, North Brunswick, and Princeton, Princeton Eye Group (PEG) is the largest and most reputable Ophthalmology and Optometry practice in the region.  The practice will relocate from its current location on Easton Avenue in 4Q 2025.  “This free standing, two story building met all of PEG’s criteria: visible and easily accessible location for existing patients, on-site ample parking for patients and staff, back-up power, all new mechanical, plumbing and electrical systems”  said Russo, “the previous tenant (a dialysis company) had spent considerable dollars to completely retrofit the building inside and out but never occupied the building”.   Managing Partner of PEG, Dave Reynolds commented “we could not be happier with the acquisition of 950 Hamilton St.  This property will allow our firm to expand its presence and market share in the growing New Brunswick/Somerset County market.”     Including a 12,000 sf long term lease in Monroe in 2020, this is the second transaction PPP has completed for Princeton Eye Group.   Robert Ryan and Shawn Straka of CBRE represented the Seller.   About Princeton Property Partners: Princeton Property Partners (PPP) is a vertically integrated, Princeton-focused commercial real estate family of companies. Established in 2001, the firm is led by partners Aubrey Haines, Sab Russo and Spencer Page.  Service lines include Development & Investment, Commercial Brokerage, Consulting, Advisory Services and Property & Construction Management.  PPP consistently ranks as one of the top development firms in Princeton.  Its commercial brokerage operation is also #1 or #2 in the market based on transaction value and square footage leased/sold. The firm has over 500,000 sf under management, making PPP one of the largest third-party property managers in the Princeton Market.

Princeton Property Partners represents Specialty Insurance Agency, Inc. for 12,554 sf relocation to Wall Twp

Sab Russo, President of Princeton Property Partners, and CFO Spencer Page announced today that Specialty Insurance Agency has signed a long term lease for 12,554 sf at Monmouth Shores Corporate Park in Wall Twp.  “1350 Campus Parkway was an exceptional value for our client.” said Russo.  “Specialty has been located in neighboring Brick Twp for 20 years and the building it occupies had essentially filled up with medical tenants over the years, making parking extremely challenging for employees and expansion impossible”.   “The space leased by Specialty Insurance at 1350 was previously occupied by Meridian Health and contained many of the floor plan features desired by Specialty” explained Russo.  “We were able to reuse most of the existing improvements and construct a beautiful and functional space with no out of pocket expense by the tenant.”   “The listing brokerage team of Steve Richel and Mike Jensen of Richel Commercial, and the Building Owners, Monmouth Shores Park Realty,  were very responsive and easy to work with” added Page.    Specialty will be moving into its new quarters in October.    About Princeton Property Partners: Princeton Property Partners (PPP) is a vertically integrated, Princeton-focused commercial real estate family of companies. Established in 2001, the firm is led by partners Aubrey Haines, Sab Russo and Spencer Page.  Service lines include Development & Investment, Commercial Brokerage, Consulting, Advisory Services and Property & Construction Management.  PPP consistently ranks as one of the top development firms in Princeton.  Its commercial brokerage operation is also #1 or #2 in the market based on transaction value and square footage leased/sold. The firm has over 500,000 sf under management, making PPP one of the largest third-party property managers in the Princeton Market.

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