First Bank Expands in Hamilton New Jersey Hamilton, NJ – Mercer Oak Realty, a leader in Princeton Area Commercial Real Estate, announces that First Bank has signed a long-term lease at 1395 Yardville Hamilton Square Road. First Bank will use the 11,000 sf as expansion space to house additional executive and administrative staff needs, adjacent…

For owners of office buildings, constructing “spec suites” as ready-to-occupy office spaces can be a no-fail way to attract tenants — if these spaces are designed well. Read full article here.

Just like restaurants post letter grades in their windows, large buildings may soon have to broadcast their energy efficiency ratings. Read full report here.

When F5 Networks signed a lease last spring for 28 floors in the Mark, a new 48-floor office and hotel edifice in downtown Seattle, the deal capped a hunt for new headquarters that in 2019 will provide the company with room to grow and its employees with nearby transit, restaurants and other amenities. Read the full report here.

A budget is your vision of an asset and a forecast of potential earnings. While creating a portfolio or property budget, our deniable need to put everything under the microscope to review and analyze blurs the view. Read the full report here.

You may have noticed a new feature on our website- Marketour. Have you checked it out yet? Marketour is a tool for any company interested in learning more about office space in the Princeton Market. “Marketour started out as an in-house presentation tool years ago. Working with our tenant representation clients, we realized just how…

On Wednesday, Hamilton township officials announced that the 1-million square foot Congoleum plant on Sloan Avenue in Hamilton, NJ was sold. The plant’s location makes it an interesting opportunity to develop. It is situated very close to major highways, creating easy access and also extremely close to the Hamilton Train Station, leading some to wonder…

Sab had a chance to chat with Diccon Hyatt of US1 last week before he gave his presentation at the MIDJersey Chamber’s Breakfast Forum on Thursday the 23rd. Hyatt not only learned about the booms & busts that would be in Sab’s presentation, but also a little more about Sab himself. Check out the article…

Urban crawl: After many years, the time is right for towns to create urban pockets where none exists Urban renewal has worked in Montclair. It has worked in Morristown. But what can developers and local officials do when they have no urban center to renew? They can create one. Read the full story on njbiz.com

The owners of the property in Hopewell formerly owned by Merrill Lynch have decided to abandon the current zoning, which calls for office use.  They are seeking new zoning that would allow a proposed development dominated by multi-family with some retail and 94,000 sf of office (down from 1,000,000+ sf of office).  Recently, Bristol-Myers Squibb…

Despite Saturday morning’s rain, over 100 people still came to the Trenton Y5K as 5K runners or 1 mile walkers. This year’s event raised $60,000 for the Trenton YMCA. Thank you to all sponsors & participants! The Mercer Oak Realty team had a great time and looks forward to next year’s event being bigger and…

Mercer Oak Realty is proud to be sponsor of the Trenton YMCA’s second annual Y5K this Saturday, October 3rd. This is Mercer Oak’s second year sponsoring and attending the event. So far this year, the Trenton YMCA has raised over $55,000 with the Y5K. Those proceeds fund the programs the organization puts in place for…

Hill Wallack, one of the largest and fastest growing law firms in the Princeton area, announced today that they have officially moved into their new headquarters at 21 Roszel Road in West Windsor. The firm now occupies 48,000 sf, the top 2 floors of the recently constructed 62,500 sf building. Mercer Oak Realty’s Sab Russo…

County Executive Brian Hughes delivered the State of Mercer County address to 500 local officials & business leaders yesterday at the Hyatt Regency Princeton. What did he have to say about our county? Nj.com covered his speech here.

We are looking forward to the 2nd annual Princeton Real Estate Forecast coming up at the end of this month. On January 29th, our CEO, Aubrey Haines, and a panel of other Princeton area real estate professionals will be discussing their economic predictions for 2015.  There was a great turn out for the 2014 Real…

2014 is drawing to a close. The coming of the New Year is, naturally, a time of reflection. What did your 2014 hold? We hope a lot of success and fond memories. What about in our commercial real estate world? NJBiz took some time to recap their biggest real estate stories of 2014. What made…

We would like to take a moment to thank everyone for participating in our TASK Donation drive at PrincetonSouth this past month- it was a great success! Bags and bags of holiday gifts and non perishable food items were delivered to the Trenton Area Soup Kitchen last week. It could not have happened without everyone’s…

We are looking to add a Broker/Salesperson to the current Mercer Oak team- does the below job description sound like you or someone you know? If so, email a cover letter & resume to info@merceroak.com. (PDF version available here: MOR Sales Person Job Description) Sales Person Job Description Mercer Oak Realty is seeking a driven,…