News
TASK Holiday Food & Gift Donation at PrincetonSouth
Reflecting on 2014, the Mercer Oak Realty team has a great deal to be thankful for. We know that many folks have not been as fortunate, and the holidays are always a good time to remember that. This year there will be a Food & Holiday Gift Donation box set up in the Lobby of…
Ground Breaking on Route 1, Tax Credits to Cash & Princeton REIT CEO Steps Down: This Week in Central NJ
Ground Breaking on Route 1 NRG Energy, a power generation and retail electricity business, broke ground on its new 130,000 sf Headquarters this week in West Windsor. NRG currently occupies about 90,000 sf in the Princeton market- in 2 buildings. $37.5 million in tax incentives are helping the company consolidate and move less than a…
New Jersey construction predicted to increase by 20%
From nj.com story Construction boom coming to N.J. over next two years, business leaders predict: Business and industry leaders are predicting a construction boom over the next two years in New Jersey. Construction across the Garden State is forecast to rocket by 20 percent, according to agencies comparing their predictions at the New Jersey Alliance for…
New Jersey has its first LEED Platinum Industrial Building
It has taken 3 years, but Princetel’s 41,500 square foot repurposing project is finished and just received its LEED Platinum rating, making it the first LEED Platinum industrial building in New Jersey. LEED (Leadership in Energy & Environmental Design) is a certification program established by the US Green Building Council that requires buildings to satisfy…
156,000 sf of retail plans to come to Lawrence
4100 Quakerbridge Road, a 17 acre site south of the Quakerbridge Mall was sold to Costco for $9.4 million this week. Costco’s plans for the site are 156,000 sf worth of retail space including: a liquor store, pharmacy, optical services section, tire sales & installation and a 16 pump gas station- all of which should…
Congrats, Archer & Greiner!
We are very happy to hear that our friends, Archer & Greiner P.C., have recently been ranked among the region’s best law firms- according to U.S. News & World Report–Best Lawyers report out earlier this week. Archer & Greiner, a full-service law firm, is one of the five largest law firms in New Jersey and…
Marketour: The Easiest Way to Find Your New Office
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…
Buyers & plan remain a unknown, but Congoleum factory in Hamilton, NJ sells
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…
US1 Covers Sab Russo's Commercial Real Estate Trends
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…
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…
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…
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…
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…
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…
County Clerk Lines Up Deal for Temporary Space
County clerk to move into temporary space ahead of $40M annex overhaul via nj.com
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…
Have you met our affiliate, Princeton Property Management?
Princeton Property Partners (PPP) is pleased to announce the recent addition of a senior manager and formation of Princeton Property Management (PPM), an affiliate company that primarily concentrates on project and construction management. Eric McHugh, a 20 year property and construction management veteran, joins PPM as Vice President. Most recently Mr. McHugh managed a 1,000,000…
Congratulations to JZA+D's Partners!
The Partners of Princeton based integrated design firm Joshua Zinder Architecture + Design, Joshua Zinder & Marlyn Zucosky, have been selected the Entrepreneurs of the Year by the Princeton Regional Chamber of Commerce. Read more on centraljersey.com.
Join Us! Significant Incentives Available for Companies Staying In or Relocating To New Jersey
The GrowNJ program encourages companies to create jobs and make capital investments in the Garden State. By moving from Pennsylvania (or any other state) a 25 employee company could earn at least $750,000 in incentives money, while a 50 employee company could bring in a minimum of $1,500,000. New Jersey companies can also benefit from…
Airport Corporate Park now 70% occupied
Mercer Oak Realty is happy to announce a recent lease transaction at 100 Airport Corporate Park. Horizon NJ Health, a subsidiary of Horizon Blue Cross Blue Shield of New Jersey, has leased 23,145 sq. ft. of office space at Building 100 in Airport Corporate Park, bringing the company’s total space occupancy at the park to…
Construction Begins on Hill Wallack LLP's New Building
Mercer Oak Realty is proud to announce that Hill Wallack LLP has begun construction on their new office building at 21 Roszel Road in West Windsor. Mercer Oak Realty represented Hill Wallack LLP in the 48,000 sf lease. This new location will accommodate Princeton-based Hill Wallack LLP’s growing workforce and re-invent their office’s work environment,…
Princeton Law Firm Signs 22,000 sf Lease
We are happy to announce that our client, Archer & Greiner, has signed a long-term lease with Boston Properties for 22,000 sf at 101 Carnegie Center in Princeton, NJ. The 22,000 sf at 101 Carnegie Center gives Archer & Greiner space to expand their operations and offers a more client friendly meeting space and conference…
Haines chats with The Times of Trenton about the Mercer County Office Market
Aubrey Haines spoke with Brendan McGrath of The Times of Trenton about the Mercer County Commercial Real Estate market. Despite the success of the building and the current strength of the market, local development of large commercial office buildings has been slow to pick up coming out of the recession. There has been little new…
Aubrey Haines Presents 2014 Real Estate Forecast
Princeton Office Market to experience Class A Space Shortage Mercer Oak Presents Princeton Office Market Report Princeton, NJ – Over 160 Real Estate professionals from the Princeton Market gathered on Tuesday January 28 at the Hyatt Regency to discuss the 2014 Real Estate Forecast. Mercer Oak’s Aubrey Haines presented The Princeton Office Market Report and…
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.