Horizon Center in Hamilton — Courtesy: Denholtz Associates
By Joshua Burd
Denholtz Associates has completed two renewals at a Hamilton business park for more than 13,000 square feet of combined leasing activity.
The larger of the two, Lakeview Child Center Inc., recommitted to its 8,896-square-foot lease at 500 Horizon Drive within the Horizon Center complex, Denholtz said. Meantime, recruiting firm Diedre Moire Corp. Inc. renewed for 4,290 square feet within the six-building campus.
Acquired earlier this year from Mack-Cali Realty Corp., the Horizon Center portfolio includes six buildings and two development sites totaling 236,284 square feet. Other properties in the portfolio include 2 South Gold Drive and 100, 200, 300 and 500 Horizon Drive, as well as the land sites at 5 and 6 AAA Drive.
Stephen Tolkach and Robert Loderstedt of Newmark Knight Frank represented Denholtz in both transactions.
“Our acquisition strategy relies heavily upon finding properties that we see as well-suited to a wide variety of uses that will make them ideal multi-tenant spaces,” said Kristine B. Hurlbut, senior vice president of leasing at Denholtz Associates. “This strategy, coupled with our in-house capabilities and superior tenant service, enables us to attract both new tenants and retain our current ones at each of the properties in our investment portfolio.
“Our acquisition and continued strong leasing activity at the Horizon Center represent a perfect distillation of this strategy and we look forward to continuing to create a perfect home for Mercer County’s strong business community.”
Denholtz touted Horizon Center’s location just outside the Princeton area, along with its easy access to roadways such as the New Jersey Turnpike and routes 1 and 130. The campus is also just across from the Hamilton Marketplace, a 959,900-square-foot retail center, and close to other shopping, banking, restaurant and hotel options.