650 College Road East in Plainsboro — Courtesy: Cushman & Wakefield
By Joshua Burd
A maker of semiconductors has leased 11,200 square feet at a Princeton-area office building, under a transaction arranged by brokers with Cushman & Wakefield.
The real estate services firm represented Nuveen Real Estate, the landlord at 650 College Road East, in the lease with United Silicon Carbide. The manufacturer will occupy the first floor of the newly updated, 168,000-square-foot building, which is minutes from Route 1 and downtown Princeton.
C&W’s Todd Elfand, Kevin Carton, Paul Giannone and Joe Vacca brokered the lease on behalf of ownership, while John Buckley and Jon Compitello of JLL represented the tenant.
“UnitedSiC was looking for space with a Class A environment and easy access to major highways,” Elfand said. “The property’s picturesque setting and upgraded amenities, coupled with Nuveen’s ability to complete the transaction during the COVID-19 pandemic, made 650 College Road East a great option.”
In a news release, C&W noted that Nuveen has partnered with a well-known local developer to reposition the property. The site features a 60-foot glass atrium and outdoor courtyard with a seating area and private patio, along with a new café and conference facility in its sister building at 600 College Road East.