EWING, NJ-With the signing of almost 46,000 square feet of new office leases, Colliers International has brought 7 Graphics Dr. here to 100% occupancy. Wholesale banking firm Cenlar FSB leased 41,000 square feet, while environmental engineering firm Geosyntrec Consultants Inc. leased the remaining 5,472 square feet.
Cenlar will occupy the building in the second quarter of 2011, following a build-out of its space. Ultimately, it is consolidating its local facilities into two floors at 7 Graphics Dr., bringing the executive and administrative functions together with its back office operations. Meanwhile, Geosyntrec relocated its New Jersey offices to Ewing late last year.
“Reaching 100% occupancy in today’s market, where tenants have numerous leasing options, speaks to the quality of the asset,” says Colliers International’s John Cunningham, who led the leasing efforts on behalf of landlord Biomed Realty Trust. Steve Tolkach, of Newmark Knight Frank, represented both Cenlar and Geosyntrec, in the new lease transactions.
The 7 Graphics Dr. building is a 72,300-square-foot property near I-95, Rt. 31 and the West Trenton train station. RedPointBio is the building’s other tenant.
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