Residential & Mixed Use
Marchetta steps down from HMFA, returns to private sector

The longtime head of the New Jersey Housing and Mortgage Finance Agency has stepped down from the post and is preparing to start his own consulting firm.

Office
JZA+D reveals upgrades at 120,000 sq. ft. Princeton office building (PHOTOS)

An architecture firm has unveiled its newly completed redesign of a building in the Carnegie Center office campus, following two years of renovations at the 120,000-square-foot property.

Finance & Capital Markets
Normandy refinances Princeton-area office building for $14.5 million, HFF says

The owner of a 114,000-square-foot office building just outside Princeton has refinanced the property for $14.5 million, brokers with HFF said Wednesday.

Office
Fintech firms provide signs of life in N.J. office market

While office leasing in the state has been tepid for most of the year, financial technology firms in Mercer County have provided a rare bright spot in recent months.

Office
JLL report shows continued gaps in rents, vacancy between N.J. transit hubs and suburbs

Suburban office landlords who spruce up their buildings have seen tenants come calling, but continue to trail those offering space in urban locations and those served by mass transit.

Office
JLL: Life sciences firm inks new 47K sq. ft. lease in Princeton

A life sciences company is relocating within the Princeton submarket and will occupy a 47,000-square-foot office building in the Carnegie Center complex, JLL said Thursday.

Residential & Mixed Use
Planting the seed: Developer pitching concept plan for redeveloping 653-acre former research complex

There was a time when the sprawling former American Cyanamid complex in West Windsor bustled with more than 1,000 employees and agricultural researchers. A developer hopes to see the property bustling once again — but in a much different way.

Health Care & Education
Princeton medical office condo changes hands, WCRE says

Wolf Commercial Real Estate has brokered the sale of a 3,600-square-foot medical office condominium in Princeton, the firm said Friday.

Office
NAI Fennelly brokers new deals in Mercer, Middlesex

The owner of six Princeton-area commercial buildings has sold one of the properties for $4.9 million, one of several recent deals announced by NAI Fennelly.

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.