News
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…
Industry Thought Leaders Discuss the Princeton Commercial Real Estate Market
This morning’s MIDJersey Chamber Breakfast Forum had a great turnout, despite the cold rainy start to the day. Attendees sipped coffee and snacked on pastries as Jerry Fennelly (NAI Fennelly), Sab Russo (Mercer Oak Realty) and David Lodato (Credit Union of New Jersey) took turns speaking about various important aspects of the current Princeton Commercial…
Urban Renewal Without an Urban Center
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
Breakfast Forum: Commercial Real Estate Trends in Central NJ
What’s your Thursday morning look like? Have time to grab a cup of coffee and danish with us? Our President, Sab Russo will be joining MIDJersey Chamber’s Commercial Real Estate Trends in Central NJ panel this Thursday morning, October 23rd, from 8 am until 10 am at Mountain View Golf Course. Sab will be speaking…
Steps for Scotch Road
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…
Thank YOU!
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…
Join us Tomorrow: Trenton Y5K
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…
MOR Braves the Cold for a Good Cause: Cupid's Chase
This past Saturday, Dawn Stillwell and Jacquie Palma of Mercer Oak Realty braved the cold and ran in the Cupid’s Chase 5K in Princeton. The race is held by the national non-profit Community Options, Inc. and raises money to benefit people with disabilities by providing them with housing and employment support. Dawn and Jacquie were…
Congratulations, Hill Wallack!
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…
2015 Market Report & Real Estate Forecast
At 7:30 am on Thursday January 29th over 230 Princeton area professionals gathered in the Hyatt Regency Princeton to hear a panel of three local experts present their outlooks for Princeton’s 2015 real estate market. The 2nd annual Real Estate Forecast saw a 50% increase in attendance from last year. Mercer Oak Realty’s Aubrey Haines…
The experiment that is Bell Works
Last Tuesday we had the opportunity to get to know one of the biggest commercial real estate projects going on in New Jersey. CREWNJ hosted an event located at, and all about, the Bell Works building- a 2 million sf structure in Holmdel that was formerly called Bell Labs. Sitting on 472 acres, the massive…
State of Mercer County
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.
Join us: 2015 Real Estate Forecast
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 Commercial Real Estate Recap
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…
Thank you for your donations!
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 hiring!
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,…
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.
New to Market: 10,000 sf Office
Mercer Oak Realty is proud to list +/10,000 sf of office space at Princeton Crossroads Corporate Center! Princeton Crossroads Corporate Center is located at 275 Phillips Boulevard in Ewing, NJ. The building has easy access to/from 95- right at Exit 4 for Route 31 & boasts recently renovated common areas. The location is great for…
The Sustainable Office: A peek into the modern changing office
We were very happy to attend the Princeton Chamber of Commerce’s “The New Way of Work” event put together by the Real Estate Business Alliance yesterday morning. The panel discussion, along with breakfast & networking, was held at the Springdale Golf Club in downtown Princeton. Featured speakers included Brian Marrs (Manager, Policy & Strategic Sustainability)…
Meeting new Industrial demands: Renovations & Market Shifts
New Jersey’s industrial market has been going through some changes recently. What are they and how did they come about? This NJBiz article highlights some of the issues with the state’s current warehouse stock and what is being done to change that.
$120M public-private development partnership nears completion
The College of New Jersey and PRC Group took on the challenge of creating Campus Town, a $120 million mixed use development project, in Ewing, NJ. Campus town will include 612 upscale apartments for students and also a 11,400 sf fitness center, restaurants (such as Panera Bread, Mexican Mariachi Grill and more) and retailers (Barnes…
What Ewing Business is Getting a $2.125M Boost?
The Trenton-Mercer Airport, located in Ewing, NJ, will be receiving $2.125 million as part of a state grant program specifically created to add value to New Jersey’s airports through improvement projects. County Executive Brian Hughes says “I think this recognizes that the Trenton-Mercer Airport is of regional importance.” The Trenton-Mercer Airport is home to Frontier…
Companies Want Quality
The Princeton market is seeing a trend- companies moving to new space not because they need to expand, or shrink- but because they want an upgrade. Current building stock, an uptick in the economy in general and the need to create a work environment that will attract quality talent are all helping to herd companies…