LAWRENCEVILLE, NJ—Prism Capital Partners has sold Princeton Pike Corporate Center in Lawrenceville to Lenox Drive Office Park, not quite three years after Prism acquired the eight-building, 800,000-square-foot, class A asset in a joint venture with Angelo, Gordon & Co.
"We added tremendous value during our ownership of Princeton Pike Corporate Center," says Edwin Cohen, principal partner. "The improving economy brought renewed velocity to the office leasing market, and we capitalized on that through significant capital improvements and aggressive leasing."
"Our purchase acumen was proved correct through the considerable profit we earned," says Eugene Diaz, principal partner, Prism Capital Partners.
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