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…

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.

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…

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…

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…

County clerk to move into temporary space ahead of $40M annex overhaul via nj.com

Our CEO, Aubrey Haines, chats with NJBiz about the importance of the Princeton address for Companies in the area. “Most international companies want the Princeton name because they want to be able to say their U.S. headquarters is in a place where other people from around the world will recognize,” said Aubrey Haines, CEO of…

Integra LifeSciences to acquire Medtronic’s ENT, laparoscopy equipment lines Integra LifeSciences Holdings Corporation and Medtronic Inc. announced Wednesday an agreement in which Integra will acquire Medtronic’s MicroFrance and Xomed manual ENT and laparoscopy medical equipment lines for approximately $60 million. Read the full story on njbiz.com here. Owners of long-vacant American Cyanamid site in West…

Mixed use without residential doesn’t work.  After 28 years, Princeton Forrestal Village is proposing multifamily residential units. “It’s a nice, cute pedestrian village surrounded by a sea of parking that never really succeeded,” Robert Schenkel, senior director of development at Lincoln Equities Group, said. “It was a high-end boutique mall, a discount mall and lots…

Conference sparks talks of triumphs, challenges in New Jersey commercial real estate market It was around 9 a.m. at RealShare New Jersey, one of the year’s biggest commercial real estate conferences, and Joe Taylor had some friendly advice for the audience. “If you’re not having fun in real estate right now,” said Taylor, president of…

Over the past decade, the campus-style complex model slowly became outdated as technological advances, downsizing and outsourcing negated the need for workers to be in an office setting, Advance Realty president and CEO Peter Cocoziello said. The above is a quote comes from an nj.com article titled: Developer: Plan for Bridgewater’s Sanofi Research Campus will…

Wells Fargo announced Thursday that it plans to invest more than $1.1 million in grants to provide funding toward various Trenton neighborhood revitalization programs. (read full story on njbiz.com here)

Recent articles cover some of the success & struggles of the GrowNJ program as New Jersey works to keep companies and jobs within the State. Why it stayed: Panasonic’s decision was about more than tax incentives (read full story on njbiz.com) Even in the case of Panasonic, which received a well-documented $102.4 million tax credit…

U.S. jobs growth stays on a roll; recovery starts to catch on in N.J. “The tone of the economy nationally has become more positive, and there’s every reason to expect we’ll get some spillover effect in New Jersey,” said Patrick O’Keefe, an economist with the accounting firm CohnReznick, which has an office in Roseland. Read…

NJ pharma: Real estate needs to reflect the changing needs of the industry For Pernix Therapeutic Holdings, it was time to find a new home. The Houston-based pharmaceutical company had new executives and a new $65 million war chest from investors, paving the way for a growth plan focused on specialty drugs. But that meant…