December 7, 2020
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.
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