The tenant was represented by brokers from the Sitar Co./Oncor International of Woodbridge, and landlord Mack-Cali Realty Corp. was represented in-house by leasing associate Erin Moran. Further terms of the signing were not released, and the space had been listed with the asking price "available upon request." Availabilities in the surrounding Princeton Corporate Center buildings, also owned by the Edison-based Mack-Cali Realty, are generally listed with asking prices of from $21.50 to $23.50 per square foot.
"We're delighted that Thomson has chosen to expand its long-term presence at 2 Independence Way," says Mack-Cali president and CEO Mitchell E. Hersh, in a statement. "We look forward to continuing to serve the company's evolving office space requirements."
The building at 2 Independence Way is one of four, four-story buildings comprising the Princeton Corporate Center, with those four assets adding up to a total of approximately 405,000 square feet of class A office space. For Thomson Inc., the local office is one of three the French company has in the US, with the others in Indianapolis and in Burbank, CA.
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