Princeton, N.J. (October 21, 2021) – Fennelly announces it has negotiated 9,550 square feet of office leases at Princeton Plaza located at 731 Alexander Road in Princeton, N.J. Fennelly’s Jerry Fennelly, SIOR represented the owner, Nexus Properties in the transactions with LS Solutions for 4,100 square feet, Techfields Pharma for 2,850 square feet, and Princeton Lifestyle Medicine for 2,600 square feet.
Princeton Plaza is a Four building, 175,000-square-foot office, medical, technology complex located just off Route 1 in Princeton, N.J. Princeton Plaza is only one mile from Princeton University and is surrounded by ample shopping, dining, and entertainment options and is walkable to the Princeton Junction Train Station. The complex features distinctive black and glass exteriors, modern lobbies and is surrounded by two tranquil ponds with meticulous landscaping to provide tenants with the ideal combination of accessibility, visibility, and modernity. Fennelly has been the exclusive leasing agent for the property since 2020 and has helped to negotiate over 9,550 square feet of leases since that time.
The latest transactions further reinforce Fennelly’s unique ability to leverage strong relationships and understanding of the Princeton market to secure quality tenants. Boasting a depth of Corporate real estate services paired with a steadfast solution-oriented approach, Fennelly has created a track record of success in helping clients like Nexus Properties secure new tenants across a diverse range of asset types.
“Princeton’s commercial real estate market is continuing to experience a high level of both national and international interest and activity,” said Fennelly. “These transactions underscore the continued demand for quality office and medical space in one of New Jersey’s Strongest economic markets. Such strong leasing activitys not only reflective of the strength of the market but also our consistent ability to match spaces with tenants’ needs to drive results for our clients.”