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NJ Office Campus Adds New Tenants, Renews Leases


TH Real Estate has signed a new lease and three renewals totaling ... In another recent deal, Cushman arranged acquisition financing for a three-building New Jersey office campus.


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600 College Road, Princeton, N.J. TH Real Estate has signed a new lease and three renewals totaling 64,000 square feet at its 440,000-square-foot, Class A office complex in Princeton, N.JCushman & Wakefield’s Todd Elfand, Paul Giannone, Kevin Carton and Joe Vacca handled the leasing deals on behalf of the owner. The assets are situated within the Princeton Forrestal Center master-planned campus, at 600 & 650 College Road, and offer immediate access to Route 1The first tenant, credit insurance company Coface North America, relocated its headquarters from 50 Millstone Road in East Windsor, N.J., to 650 College Road and will occupy 27,000 square feetJLL brokered the transaction on the tenant’s behalf. Colliers International represented BT Americas in an 8,000-square-foot lease renewal at 650 College RoadThe building will also continue to be home to RCN Corp., which takes up 23,000 square feet in the four-story assetHamilton & Cowill continue to occupy 6,000 square feet at 600 College RoadBoth assets have vacancies ranging from 3,000 to 70,000 square feet. Upcoming renovations The owner plans to upgrade the common areas of the buildings, refurbish the outdoor patio areas, retrofit and expand the onsite cafés, and add a town hall-style conference center.  “600 and 650 College Road historically have drawn tenants seeking flexibility and ample parking capacityAs the trend toward the densification of operations continues, TH Real Estate is working to bring these buildings to a new standard-one that will meet the needs of tenants seeking the opportunity to be in true Class A space that also affords design efficiency,” Elfand said in a prepared statement. In another recent deal, Cushman arranged acquisition financing for a three-building New Jersey office campus.  Image courtesy of Yardi Matrix Colliers International Cushman & Wakefield JLL TH Real Estate Related Posts Northwood Buys NYC Office Tower for $305M 20 February 2018 13:20 McGuireWoods Relocating NYC Office 19 February 2018 16:06 Repositioning of Queens Asset Lands $81M in Financing 14 February 2018 14:20 Uber Leases Full Floor at Manhattan’s 1400 Broadway 13 February 2018 15:59 Nasdaq Relocates HQ to 4 Times Square 12 February 2018 10:51 Regions Northeast West South Midwest Mid-Atlantic International National Change City " class="chosen chosen-select linked-chosen" tabindex="2"> Cities.. Albuquerque Atlanta Austin Baltimore Boston Charlotte Chicago Cincinnati Cleveland Columbus Dallas Denver Detroit Honolulu Houston Indianapolis Inland Empire Jacksonville Kansas City Las Vegas Los Angeles Miami Minneapolis-StPaul Nashville-Knoxville New Orleans New York Orange County Orlando Philadelphia Phoenix Pittsburgh Portland Raleigh-Durham Richmond Sacramento Salt Lake City San Antonio San Diego San Francisco San Jose Seattle StLouis Tampa Washington DC About Us Contact Advertising Editorial Guidelines Industry Links Archive CPN Tags Subscribe to CPE News by City Albuquerque Atlanta Austin Baltimore Boston Charlotte Chicago Cincinnati Cleveland Columbus Dallas Denver Detroit Honolulu Houston Indianapolis Inland Empire Jacksonville Kansas City Las Vegas Los Angeles Miami Minneapolis-StPaul Nashville-Knoxville New Orleans New York Orange County Orlando Philadelphia Phoenix Pittsburgh Portland Raleigh-Durham Richmond Sacramento Salt Lake City San Antonio San Diego San Francisco San Jose Seattle StLouis Tampa Washington DC Connect with CPE Facebook Twitter Google+ LinkedIn YouTube Pinterest Instagram Digital Editions Magazine Archive

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