Search
 

NJ Snags PA Communications Firm

EWING TOWNSHIP, NJ-Vantage Communications has decided to move from Newtown, PA to this Princeton suburb.

By Maria Wood | Updated on March 02, 2009

EWING TOWNSHIP, NJ-In a move from the Keystone State, Vantage Communications, an IP technology company, is signing a lease for an entire 50,000-square-foot building at I-95 Princeton Corporate Center here. Relocating from Newtown, PA, the company plans to move 150 of its workers to its new North American headquarters over the next three years.

GF Princeton, an affiliate of New York City-based Greyfields Investors LLC, purchased the leasehold interest in what was then known as the Wachovia Campus in 2007. An adjacent 120,000-square-foot building on the 16.3-acre site is currently vacant, according to Rob Freeman, Greyfields’ senior managing director. “Vantage’s decision to select I-95 Princeton Corporate Center in the midst of this challenging economy validates our investment in the property,” says Freeman in a statement, “and the extraordinary value Ewing represents in the Princeton market. This transaction demonstrates the flexibility that our cost structure permits us to utilize, if we are presented with an opportunity to work with a high quality tenant.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.