October 16, 2023
Princeton Property Partners Negotiates the Sale of a 101 acre Parcel of Farmland in Upper Pittsgrove, NJ
Princeton Property Partners (PPP) has advised client GALA Farms (GALA) in the sale of a 101 acre parcel of farmland on Route 77 in Upper Pittsgrove, NJ. Formerly a peach orchard and blackberry vineyard, the land will be cleared for the new owner to farm ground crops. “I managed the picking crew in these orchards when I was a college student” said Aubrey Haines, CEO of PPP who represented the sellers. “After several decades it was time to rotate this land into a new crop but it will be sad to see these trees be bulldozed”.
GALA and its affiliate Larchmont Farms have been farming in New Jersey since the 1680’s. The combined operation is one of the largest agricultural businesses in the State and consistently produce 50% of the peach/ nectarine crop in New Jersey.
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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