X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

EAST WINDSOR, NJ-Construction is just under way for SciPark, a new 240,000-sf, four-building tech campus located just six miles from Princeton in Mercer County. Phase one of the project will put a 66,000-sf building on the market by mid-2008, and three additional, similarly sized buildings will follow.

SciPark is being developed by a joint venture of the Parsippany-based Woodmont Properties and the Lloyd Harbor, NY-based Simon Developments, the latter headed by Michael J. Simon, who initiated the project in 2002. The leasing exclusive has been awarded to GVA Williams New Jersey of Parsippany, with John Cunningham, managing director of GVA Worldwide Life Sciences heading the effort to fill the buildings.

“This science and technology campus has been designed to accommodate the infrastructure, flexibility and amenities of the expanding life science and high-tech industries in New Jersey,” says Eric Witmondt, CEO of Woodmont Properties. “This will be a terrific addition to the Princeton area.”

“The campus will be a great benefit to our town,” says Mayor Janice Mironov. “It will bring new jobs, ratables and new corporate tenants to East Windsor.”

The 32.3-acre SciPark site is located at 469 and 496 Old Trenton Rd., near that thoroughfare’s intersection with Princeton-Hightstown Road. The location is also near Exit 8 of the New Jersey Turnpike, and the project’s amenities will include private drives, corporate signage, 18-foot ceilings, effluent cleaning areas and under-floor drainage systems. It’s also near NJ Transit rail service and Princeton Airport.

Target tenants include high-tech, biomedical, telecom, pharmaceutical and other office and R&D users. Classified for offering purposes as flex space, SciPark’s four buildings are currently listed with a “negotiable” asking rate, triple-net, for five-year terms.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.