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Leasing Continues at College Park

PRINCETON, NJ-The newest transactions bring the 11-building, 815,000-square-foot office complex up to 97% occupancy.

By Alyson Grala | Updated on October 21, 2009

PRINCETON, NJ-Although office vacancy rates in most of New Jersey have been surging upwards, College Park at Princeton Forrestal Center has remained at a steady 97% occupancy rate as existing tenants renew leases and new firms are added to the tenant roster.

Neo Strata, which develops and markets advanced dermatological and skin care products, renewed its lease for 21,000 square feet of headquarters space at 307 College Rd. E., and Syska Hennessy SH Group, Inc., a global consulting, engineering and construction firm, leased 9,000 square feet at 105 College Rd. E. for its Princeton regional offices. Syska’s long-term lease was brokered by Todd Elfand of Jones Lang La Salle.

In both transactions, the landlord, Lawrence Zirinsky Associates, was represented by Vincent Marano, COO of College Park manager National Business Parks, and Tom Stange, NBP leasing executive.

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