Cushman & Wakefield Arranges 11 KSF Office Lease in New Jersey
- Jun 04, 2020
Nuveen Real Estate has inked an 11,200-square-foot lease with United Silicon Carbide at the 169,896-square-foot 650 College Road E. in Princeton, N.J. The tenant will occupy a first-floor office space. The owner purchased the property in 2016 as part of a two-property portfolio from Equus Capital Partners, Yardi Matrix information shows.
Executive Vice President John Buckley and Vice President Jon Compitello of JLL represented the tenant. Cushman & Wakefield Managing Directors Todd Elfand and Kevin Carton, Executive Managing Director Paul Giannone and Associate Joe Vacca worked on behalf the landlord. Recently, a different Cushman & Wakefield team was selected by Advance Realty Investors to handle leasing activities for its 143,500-square-foot portfolio in Bedminster, N.J.
The property is located within Princeton University’s 2,000-acre master-planned business/research campus, less than 2 miles from U.S. Route 1 and just over 2 miles from Princeton Forrestal Village. Completed in 1999, the four-story building features a 60-foot glass atrium and an outdoor courtyard with a seating area and private patio, as well as a new café and conference facility in its sister building at 600 College Road E.