Also, Princeton Dance & Theater Studio Inc. has expanded itsoccupancy to 5,219 sf. The tenant had entered into a 10-year leasewhen it opened its studio here last fall.
And Shawnee Chemical Co. took 2,650 sf in a relocation fromPlainsboro, NJ, while Foxcom Americas Inc., a fiber optics company,signed a new lease for 2,430 sf. Matthew Seltzer of Cushman &Wakefield was the outside broker in both the Shawnee and Foxcomsignings.
Built in 1987, Princeton Forrestal Center consists of 320,000 sfof office space and 175,000 sf of retail and mixed use space, aswell as a 294-key Westin hotel and conference center. Last year,the Florham Park, NJ-based Gale Co. launched a major repositioningprogram of the asset, focusing primarily on its long-strugglingretail component.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
