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Commerce Park Sells Princeton Center for $13M

PRINCETON, NJ-Oestreicher Properties is the new owner of the five-building, 71,000-sf campus. The property is 95% occupied.

By Eric Peterson | Updated on April 21, 2008

PRINCETON, NJ-Oestreicher Properties has acquired Princeton Commerce Center, a 70,895-sf office park here. The sale price of just less than $12.7 million factors out to approximately $178 sf.

Jeffrey Dunne, Kevin Welch and Jeffrey Oram with CB Richard Ellis brokered the deal. Commerce Park, a local entity, was the seller.

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