Office
Medical device maker weighs 167,000 sq. ft. lease in Plainsboro

A global medical technology maker has proposed relocating within Plainsboro to a nearly 167,000-square-foot building once occupied by Novo Nordisk, thanks in part to a 10-year, $17.8 million tax credit approved last week by state officials.

Finance & Capital Markets
Plainsboro apartment deal cracks top 20 in national ranking of 2017 investment sales

The Kushner Cos.’ acquisition of a garden apartment complex near Princeton was not only the state’s largest single-asset deal of 2017, but among the top 20 nationwide in a newly released list of multifamily investment sales.

Health Care & Education
Princeton medical building is largest in 1.4 million sq. ft., multistate portfolio sale

A large medical office building near Princeton has changed hands as part of a seven-state, 1.4 million-square-foot portfolio sale announced Tuesday by JLL.

Residential & Mixed Use
Investor pays $150 million for 896-unit Plainsboro apartment complex (UPDATED)

Another real estate investment firm has made its first foray into New Jersey, acquiring a nearly 900-unit garden apartment complex in Plainsboro.

Residential & Mixed Use
Kushner Cos. buying Plainsboro rental complex for $190 million

Kushner Cos. has acquired a 1,032-unit garden apartment community near Princeton for $190 million, bringing the property back under its control more than a decade after selling it.

Residential & Mixed Use
Buyer sought for 896-unit Plainsboro community, HFF says

Another apartment community has hit the market in Plainsboro, an affluent suburb where investors have shown an appetite for value-add opportunities at garden-style properties.

Finance & Capital Markets
HFF marketing more than 1,000 units at 52-acre Plainsboro community

A sprawling garden apartment community outside Princeton is on the market to investors seeking a property in a high-barrier-to entry suburb, according to brokers with HFF.

Finance & Capital Markets
Global appeal: Foreign investors see new opportunity in New Jersey

As an investment opportunity, 800 Scudders Mill Road checked just about every box. A state-of-the-art, trophy office complex that was only three years old. A prime location just outside Princeton. And, perhaps most important of all, a net lease with a blue-chip, global pharmaceutical giant, Novo Nordisk Inc., with a longstanding presence in the market.