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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 30 years’ experience in the Princeton market and has been responsible for negotiating over $2.5 billion in leasing and sales transactions. His extensive experience includes acquiring and marketing office and industrial space, directing land development, consulting and investment property sales and purchases.

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

Planted Plate Vegan Restaurant Opens in Princeton, NJ

Princeton Property Partners, owner of several commercial properties in downtown Princeton announces the opening of Planted Plate vegan restaurant at its 15 Spring Street property.  Princeton Property Partners’ affiliate Mercer Oak Realty negotiated the 2,221 sf lease. Planted Plate is the first vegan restaurant to open in Princeton and it has been enjoying robust demand in its first month in operation.  Owner and chef Omer Basatemur said: “With the University population, Princeton is an ideal location for our business to thrive.  We have a dining-in as well as pick-up and delivery service.” Aubrey Haines, Managing Partner of Princeton Property Partners said: “Omer is a first-class operator and owner.  This is his third store and he knows this business and how to succeed.  We are very excited to have Planted Plate as a tenant in our Princeton Portfolio”. Sab Russo, President of Mercer Oak Realty said: “We enjoyed working with Omer to complete the lease negotiations for this full-floor tenant.  15 Spring Street is now 100% leased.” Spencer Page, COO of Princeton Property Management said: “The construction work to get Planted Plate into the building was not extensive but it was technically challenging.  Work included installing a kitchen, with a hood and all cooking and refrigeration appliances into a space that was previously a spice shop.  With grit and determination, we were able to help Omer get the work completed.”  In addition to providing construction management services, Princeton Property Management manages the property. Princeton Property Partners purchased the 15 Spring Street property in 2011 and leased the 2nd floor to engineering company Stonefield Design in 2017. About Princeton Property Partners, LLC: Princeton Property Partners, LLC is a Commercial Real Estate Advisory firm that manages a portfolio of mixed-use properties in the Princeton, NJ market.  PPP has grown assets under management by over 300% in the past 3 years. About Mercer Oak Realty, LLC: Mercer Oak Realty, LLC is a Commercial Real Estate Brokerage firm serving the Princeton, NJ market since 2001. Mercer Oak Realty helps clients reach their goals through sophisticated and intelligent real estate decision making by applying a deep understanding of the market and keen negotiating skills. About Princeton Property Management, LLC: Princeton Property Management, LLC is a Commercial Real Estate Management firm that manages buildings and construction work for the PPP Portfolio as well as third party clients.  PPM currently manages over 400,000 sf of space in the greater Princeton market.

Mercer Oak Realty Negotiates 195,000 SF Long Term Warehouse Lease with the State of New Jersey

Mercer Oak Realty, LLC announced today that site work has commenced on a 195,000 sf warehouse/storage building at 380 Scotch Rd in Ewing, NJ. The new building will consolidate various State Departments warehousing needs currently scattered around Mercer County. The Development Team includes TG & Associates (Developer), Bernardon (Architecture and Design), Maser Consulting (Civil Engineer), Warfel Construction (GC), Princeton Property Management (Project Management), Mercer Oak Realty (Brokerage). Completion is slated for 3Q 2021.  Terms of the long term lease were not disclosed. About Mercer Oak Realty, LLC: Mercer Oak Realty is part of a vertically integrated, Princeton-focused commercial real estate services family of companies. Established in 2001, the firm is led by partners Aubrey Haines, Sab Russo and Spencer Page.  Service lines include Commercial Brokerage, Consulting, Development/Advisory Services and Property & Construction Management.  Mercer Oak consistently ranks as one of the top firms in Princeton based on transaction value and square footage leased/sold. Through Princeton Property Management, MOR’s affiliate, the firm has over 500,000 sf under management making PPM one of the largest third-party property managers in the Princeton Market.

Mercer Oak Realty represents Princeton Eye Group in 11,874 sf Lease

Sab Russo, President of Mercer Oak Realty, LLC, announced today that Princeton Eye Group P.A. (PEG), has signed a long term lease for 11,874 sf at 298 Applegarth Rd in Monroe Twp.  With offices in Monroe, North Brunswick, Somerset and Princeton, PEG is the largest and most reputable Ophthalmology and Optometry practice in the region.  PEG’s service lines also include Wills Laser Vision and Eye Surgery Princeton.  The practice will relocate from 1600 Perrineville Rd in 1Q 2021. “After being in our current space for over 30 years, the partners had a decision to make: either stay put and perform an expensive and inconvenient makeover, or relocate to a new, modern medical building” said Director of Eye Surgery, Dr. Dave Reynolds.  “Sab found the perfect space for our Monroe Office and negotiated incredible long term lease terms for our firm with most of the Tenant Improvements paid for by the Landlord!” 298 Applegarth is a state of the art medical building was developed by TAK Group of Clark, NJ and owned by Applegarth Realty, LLC.  The building is also home to Saint Peters Medical and DaVita Kidney Care.  Paul March of Newmark Knight Frank assisted in the transaction. About Mercer Oak Realty, LLC: Mercer Oak Realty is part of a vertically integrated, Princeton-focused commercial real estate services family of companies. Established in 2001, the firm is led by partners Aubrey Haines, Sab Russo and Spencer Page.  Service lines include Commercial Brokerage, Consulting, Development/Advisory Services and Property & Construction Management.  Mercer Oak consistently ranks as one of the top firms in Princeton based on transaction value and square footage leased/sold. Through Princeton Property Management, MOR’s affiliate, the firm has over 500,000 sf under management making PPM one of the largest third-party property managers in the Princeton Market.

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