Cushman & Wakefield has been named managing and leasing agent for two newly traded, Class A office assets in Princeton. Argent Ventures recently purchased the adjacent buildings at 1 University Square and 115 Campus Drive.
Michael Nevins of Cushman & Wakefield’s regional Asset Services practice is heading the management assignment, which marks the expansion of an existing client relationship.
“It is particularly gratifying when existing clients recognize the outstanding results our company brings to this type of project,” said Nevins. “We look forward to ensuring the responsible operation of these two premier assets while upholding and enhancing their competitive positioning.”
Office leasing specialists Kevin Carton and Todd Elfand are heading the leasing initiative for the multi-tenant buildings. This includes marketing availabilities up to 48,000 s/f at the 330,000 s/f, five-story 1 University Square, where global investment management firm BlackRock anchors the tenant roster. The building boasts large, flexible floor plates and on-site amenities including state-of-the-art conference facilities; a fitness center with lockers, showers and a sauna; concierge and security services; and a gourmet café. Planned capital improvements will introduce additional lifestyle features at 1 University Square.
The 33,600 s/f 115 Campus Drive offers flexible catering to high tech, lab/pharma and biopharma users.