Daniel S. Ackerman, senior director of leasing for Lincoln Equities Group, represented the landlord and CB Richard Ellis represented the tenant. While terms of the lease could not be disclosed, asking rent for available space in the complex's North building is in the range of $25.50 per square foot.
"MediTech Media is a perfect example of another tenant, currently in Princeton, which opted to relocate to AMC because of its strategic location in the prestigious Princeton submarket, world-class amenities and exceptional value proposition," says Ackerman. "The property's convenience to major highways and extraordinary mass transit accessibility set this office complex apart from every other development in the region. Tenants are demanding more than simply the basic amenities today, which gives AMC a competitive advantage among tenants desiring a cost-effective Central New Jersey location that is convenient to both New York and Philadelphia."
Other tenants at AMC include: Consolidated Services Group, an industry leader in the medical claims solutions industry; legal solutions law firm Flaster/Greenberg P.C.; Hase/Schannen Research Associates, a market analysis, research service and marketing consultant firm; personality-based market services provider Rosetta LLC; and Medavante Inc., a pharmaceutical services organization that administers psychiatric drug trials.
"As more and more tenants face bottom line pressures in this challenging economy, we expect AMC to attract increased tenant interest," says Joel Bergstein, president of Lincoln Equities Group. "We are in a position to aggressively meet tenants' financial and operating needs and anticipate activity to remain strong as a result."
Situated on 112 acres, AMC is adjacent to the Hamilton train station on NJ Transit's Northeast Corridor line. The property is within one mile of Exit 65 on I-295/95, offering convenient access to Trenton, Princeton, Philadelphia and New York City. Amenities at the complex include a full service cafeteria, fitness center and conference center. The current availability at American Metro Center is approximately 106,000 square feet, which includes a contiguous block of 85,000 square feet.
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