May 18, 2020
Mercer Oak Realty Negotiates 30,000 SF Lab Sublease with CSPC in Ewing
The third largest pharmaceutical company in China, CSPC, has consolidated several US operating divisions into 801 PrincetonSouth Corporate Center in Ewing, NJ.
Mercer Oak Realty and CBRE worked on behalf of CSPC to secure an 11-year sublease for 30,000 sf with DuPont, who was represented by JLL.
This Class A, 56,000 square foot biology lab building was originally constructed in 2009 by Opus Development for FMC and is located at PrincetonSouth Corporate Center at Route 31 and I-295 in Ewing.
The building features state-of-the-art biology lab infrastructure and became available after DuPont’s acquisition of FMC’s Biopolymer division.
About Mercer Oak Realty, LLC:
Mercer Oak Realty (MOR) is a vertically integrated, Princeton-focused commercial real estate services firm. Established in 2002, the firm is led by Aubrey Haines (20 years at Jackson Cross/Trammell Crow) and Sab Russo (20 years at CBRE). Service lines include Commercial Brokerage, Consulting and Development/Advisory Services. MOR consistently ranks as one of the top firms in Princeton market share in terms of transaction value and square footage leased/sold. Through Princeton Property Management, MOR’s affiliate, the firm has over 400,000 sf under management making PPM one of the largest third-party property managers in the Princeton Market.
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