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News

Mercer Oak Realty Negotiates 13,450 SF Lease with Essential Property Realty Trust

Mercer Oak Realty announced today that they negotiated a long-term lease for 13,450 SF on behalf of Essential Properties Realty Trust (NYSE: EPRT).  EPRT will relocate its Headquarters to 902 Carnegie Center in Princeton.  Sab Russo, President of Mercer Oak represented EPRT.  Peter Hedley of Hilton Realty represented the owner of 902 Carnegie.  This is the…

Mercer Oak Realty Represents Universal Display in 88,000 SF Purchase

Sab Russo, President of Mercer Oak Realty, announced today that Universal Display Corporation (UDC) had acquired two single story office buildings to accommodate its expansion in Ewing, NJ. UDC, the creator of OLEDs (Organic Light Emitting Diodes) used in newer flat screen TVs, cell phones, as well as cutting edge lighting applications, acquired the adjoining…

2018 Market Report

Mercer Oak Realty, Princeton Property Partners & Princeton Property Management are proud to present our 2018 Market Report (click to download). See our take on latest trends in the market. 

First Bank Expands in Hamilton New Jersey

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…

2018 Central NJ Real Estate Forecast

The 5th  annual Central Jersey Real Estate Forecast will be taking place on Friday, January 26th. This year promises to be a thoughtful and interesting event and will feature keynote speaker Jeffrey Otteau of the Otteau Group. Mercer Oak Realty’s CEO Aubrey Haines will join the panel, along with Judson R. Henderson Broker of Record/Managing Member, Callaway Henderson…

Five Ways To Spruce Up Spec Suites

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.

Large buildings may soon get report cards for energy efficiency

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

Growing tech firms now drive high-end office market from Seattle and SF to Manhattan

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.

Three Keys to a Successful Property Budget Review

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.

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How to Prepare Your Multifamily Property for Winter

As we’ve all heard countless times before from our favorite sports coaches, the best offense is a good defense, and readying your multifamily property for winter is no different. Read the full article here. 

4 Commercial Property Management Trends You Need to Know

As a property manager, it’s wise to regularly evaluate market trends so you and other stakeholders can make the right decisions for your business moving forward. Read the full report here.

Welcome to the Gig Economy

If you haven’t heard of it, you will. Gig workers are playing a growing role in how corporate space users are redefining their staffing. Read the full report here.

5 Areas to Focus on for Better Workplace Productivity

A new study shows just how impactful a poorly planned workplace is on employees, which can negatively impact performance. Read full report here.

New BOMA Standard: What Size Is Your Office Building Really?

Need more proof that the way millennials work is impacting office real estate? Read the full report here.

Why Retail Landlords Are Turning to Apartments to Shore Up Their Properties

Construction has started on a 23-story upscale apartment tower at Westfield UTC, a one-million-sq.-ft. outdoor center in San Diego, but the project is much more than the redevelopment of an upscale retail center owned by the Sydney, Australia-based Westfield. Read the full report here.

Save Big with Three Tips for More Efficient Vendor Management

Managing vendors and processing payables are significant cost drivers for real estate companies. Read the full article on irem.org

Are Low Interest Rates Always Good for the Real Estate Market?

The Federal Reserve raised interest rates in June, signally that government leaders think the economy is gaining strength. The latest hike is being met with mixed responses. Read the full report here. 

Company gets $12M in tax credits to move 5 miles away

Billtrust, a provider of outsourced billing services, has announced plans to move its headquarters to Lawrence, just 5 miles from its current home in Hamilton, after receiving more than $12 million in tax credits from the state. Read the full article on nj.com

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Mercer Oak Realty Welcomes Vice President

Ewing, NJ – Dawn Stillwell, of Haddon Township, NJ, has joined Mercer Oak Realty, Princeton’s commercial real estate brokerage firm, as vice president, announced Mercer Oak’s CEO, Aubrey Haines, LEED AP. As Vice President, Stillwell concentrates on business development, strategic planning and team leadership. She researches and pursues leads to bring new clients to the…

Church & Dwight Moves into New HQ Building at PrincetonSouth

Mercer Oak Realty would like to officially welcome Church & Dwight to Princeton South Corporate Center.

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Princeton Property Partners

200 Princeton South Corporate Center
Suite 100
Ewing, NJ 08628

info@ppp.usa.com


609.452.0200

Recent News

Princeton Property Partners negotiates lease for Essential Properties Realty Trust at 15 Exchange in Jersey City

Sab Russo, President of Princeton Property Partners (aka Mercer Oak Realty) announced that his team had secured 4,000 sf of space at 15 Exchange on the Jersey City Waterfront for  Essential Properties Realty Trust (EPRT), a publicly traded REIT on the New York Stock Exchange.   The 11 story, 136,000 sf office building boasts spectacular, unobstructed views…

Princeton Property Partners negotiates acquisition of 950 Hamilton St in Somerset for Princeton Eye Group

Sab Russo, President of Princeton Property Partners (PPP) announced today that Princeton Eye Group has closed on 950 Hamilton St in Somerset for an undisclosed price.  With offices in Monroe, North Brunswick, and Princeton, Princeton Eye Group (PEG) is the largest and most reputable Ophthalmology and Optometry practice in the region.  The practice will relocate from its…

Princeton Property Partners represents Specialty Insurance Agency, Inc. for 12,554 sf relocation to Wall Twp

Sab Russo, President of Princeton Property Partners, and CFO Spencer Page announced today that Specialty Insurance Agency has signed a long term lease for 12,554 sf at Monmouth Shores Corporate Park in Wall Twp.  “1350 Campus Parkway was an exceptional value for our client.” said Russo.  “Specialty has been located in neighboring Brick Twp for 20…

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