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HAMILTON, NJ-MACTEC Engineering and Consulting has renewed its existing lease for 12,990 square feet and tacked on another 2,482 square feet to bring its total occupancy at nearly 15,500 square feet at American Metro Center here. The Atlanta-based MACTEC has a total of 80 offices around the country including three in New Jersey, and American Metro Center consists of three interconnected buildings totaling 485,000 square feet.

Ownership was represented in-house by Daniel S. Ackerman, senior director of leasing for Lincoln Equities of Rutheford, NJ. Lincoln teamed up with Meritage Properties and Avenue Capital to acquire American Metro Center in mid-2006 from PREI for a reported $70 million. MACTEC was represented by the Atlanta office of GVA Williams. Terms were not released, but availabilities at the property are currently listed with an asking price of $25.50 per square foot.

“MACTEC was one of the first tenants in the American Metro Center complex, and we’ve seen the continual efforts in beautifying it,” says Andrew G. Shust, the firm’s senior scientist and project manager. “Knowing what the complex was like just three years ago compared to today makes it a delight.”

Originally built in 1918 and formerly known as the American Standard Building, American Metro Center was completely overhauled in 2004/2005 by previous owner PREI, a project that added a retail component. The new ownership has continued that process, adding a café and a fitness center. The 112-acre property is along Princeton Ave. near the Hamilton train station in the Princeton corridor.

“Its position in the Princeton submarket is continually attracting companies looking for a cost-effective and convenient location for headquarters or satellite offices,” Ackerman says. “We’re actively seeing a significant increase in tenant interest.”

Besides MACTEC, the complex’s other current tenants include Infobase Publishing, which signed on just this past May, along with Consolidated Services Group, the law firm Flaster Greenberg, Hase/Schannen Research Associates and Headwaters Inc.

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