"With its location, its natural surroundings and space for themost secure data centers in the country with the undergroundshelter, it provides quality space at a very reasonable cost," saysChristopher Locatell, VP of the Philadelphia-based BPG.

The property's available space is currently listed on NAIFennelly's website with an asking price of $25.50 per sf plustenant electric. BPG bought the approximately 300,000-sf,multi-building property at 330-350 Carter Rd. in mid-2004 on behalfof its BPG Investment Partnership VI, renamed it PrincetonTechnology Center and launched its redevelopment.

Lexicon Pharmaceuticals, a specialty company involved ingene-related therapy, occupies a 76,000-sf building as an R&Dcenter, and the current availability of about 216,000 sf consistsmostly of a completely vacant, four-story, nearly 200,000-sfbuilding at 330 Carter Rd. The rest of the vacancy consists of anoriginal 1800s mansion that's fully restored and cleared for officeor restaurant use.

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