Princeton Forrestal Village is an approximately 770,000-sfmixed-use property, about one-third of which is retail. That retailportion is currently undergoing a $40-million redevelopment andrepositioning that is turning its former largely outlet mix into amore upscale variety.

"The area has a rapidly growing and wealthy residential segment,plus a huge and increasing corporate sector," Matthew Harding,president and COO of the North Plainfield, NJ-based LevinManagement Corp., leasing and management agents for the retailportion of Princeton Forrestal Village, tells GlobeSt.com. "Thereare 140,000 executives and white collar workers within seven miles.Ruth's Chris is exactly the right kind of tenant."

"This is an important and strategic addition for the property,"says Fred Knapp, VP of property management and asset manager forGale Real Estate Services of Roseland, NJ, a subsidiary ofMack-Cali Realty Corp. "Adding a nationally known restaurant likethis as an anchor tenant helps keep the positive momentumgoing."