Princeton Pike Corporate Center Sells
Mercer Oak Realty was recently involved as the seller’s representatives during the sale of Princeton Pike Corporate Center.
Please read this article on NJBIZ for full details on the recent 800,000 sf sale.
Author: caitie
2016 Princeton Office Market Report
Mercer Oak Realty, Princeton Property Partners & Princeton Property Management are proud to present our 2016 Market Report (click to download). This year’s report highlights trends from 2015, what 2016 could hold, how New Jersey’s economy is doing at the moment and a look back on our 2015 predictions.
Hot topics include:
“Densification”
Building Upgrades
Millenials
New Landlord in the Princeton Market
Incentives
If you enjoy the content in our Market Report and/or have an interest in the Central New Jersey Real Estate Market- please join us this coming Thursday morning for the Central Jersey Real Estate forecast, held at the Hyatt Regency in Princeton.
Small Business Owners in Philly Metro are Excited about 2016
Sixty-two percent of respondents to the Small Business Pulse Check conducted by TD Bank said they were “optimistic” or “excited” about 2016 and the overwhelming majority of the small business owners who responded indicated that they would close out 2015 strong, most of which expected to meet or exceed their annual revenue goals.
New Jersey Business reports on the findings of this survey, including local company’s thoughts on local taxes, legislation, hiring patterns, and a number of other small business factors. Read the full report here.
Scudder Falls Bridge Improvements to Begin
Preparation work has begun for the Scudder Falls Bridge construction project slated to begin in 2017. The bridge connects Bucks Co, PA & Mercer Co, NJ. A bottleneck during commute hours on I-95, the span (built in 1959) was recently deemed “functionally obsolete” and is long due for upgrades. Commuters and businesses in both Mercer County and Bucks County will benefit from the work done on the Scudder Falls. Read more about the project on nj.com.
New to Market: +/-6,798 SF Class A+ Office Space
Suite 250 at 100 PrincetonSouth Corporate Center is now available for lease.
The +/-6,798 SF office space boasts high end finishes: rich wood mixed with modern glass fronts on the offices makes the most of an expansive window line and allows natural light to filter throughout the space.
This suite is a unique opportunity in the 100 Building- taking up an entire end of the building, the footprint produces a layout with an above average number of corner offices for a space of it’s size.
Suite 250 is able to be subdivided- down to 2,000 SF.
If you have any additional questions, please reach out to Aubrey Haines below, by email directly (ahaines@merceroak.com) or by phone (609.452.0200). [contact-form to=’ccaroleo@merceroak.com’ subject=’100 PSCC Suite 250 Inquiry’][contact-field label=’Name’ type=’name’ required=’1’/][contact-field label=’Email’ type=’email’ required=’1’/][contact-field label=’Company’ type=’text’/][contact-field label=’Comment’ type=’textarea’ required=’1’/][/contact-form]
We look forward to seeing you at PrincetonSouth for a tour!
2016 Central Jersey Real Estate Forecast
The 3rd annual Central Jersey Real Estate Forecast breakfast will be taking place on Thursday, January 28th.
This year promises to be a thoughtful and interesting event and will feature keynote speaker Michele Brown, President & CEO of Choose New Jersey. Mercer Oak Realty’s CEO Aubrey Haines will join the panel, along with Jud Henderson of Sotheby’s, Sharbell’s Tom Troy and Tom Gates from Mortgage Master.
In addition to the panel’s economic and real estate predictions for the New Year, Ms. Brown will be giving an update on the incentives currently available to attract and retain businesses in New Jersey.
We hope to see you there!
Details: 2016 Central Jersey Real Estate Forecast Breakfast
When: Thursday, January 28th 2016
Where: Hyatt Regency Princeton
Click here for more details & registration on the Princeton Chamber’s website.
How many office buildings come with high end Italian food?
Recently, Susan Sprague Yeske visited Settimo Cielo, an Italian restaurant located in a corporate building that Mercer Oak Realty represents: 2445 Kuser Road and documented her experience in the Times of Trenton. Settimo Cielo began as a Trenton location, and to meet the requests of customers who wanted another option for dinner and weekend dining opened up the second location in Hamilton.
Along with a responsive and engaged landlord, Class A finishes and convenient location, Settimo Cielo helps to provide a strong amenity package at 2445 Kuser Road. Learn more about Susan’s experience and what Settimo Cielo has to offer in the article on nj.com, found here.
Financial Website Ranks Princeton Best Small City in America
Princeton recently received more national recognition: the “Overall Best” spot in a ranking of small cities in the US. In October, Princeton was also named the “Best College Town to Live in”. Both of these distinctions were presented by financial websites, wallethub.com and smartasset.com, respectively.
To learn more about the categories included in the decision and details on how Princeton ranked, please read the nj.com article here.