Cassidy Turley has negotiated a 43,500 s/f lease at 19 Roszel Road in Princeton, NJ. The law firm Hill Wallack LLP will relocate its headquarters to Roszel Square, occupying the top two floors of the first building in the 100,500 s/f, two-building, Class A development. Roszel Square is in the heart of the Route 1/Alexander Road corridor, adjacent to Carnegie Center in Princeton. Construction is slated to begin in the fourth quarter of 2013 with delivery expected in early 2015.
Milton H. Charbonneau, SVP and principal at Cassidy Turley, represented the development team, led by Andy Gottesman of Gottesman Real Estate Partners and Michael Seeve of Mountain Development Corp. Sab Russo, president of Mercer Oak Realty, represented the tenant. Charbonneau is heading up pre-leasing efforts for the remaining 19,000 s/f on the first floor of the Phase One building, as well as the second, 38,000 s/f building comprising Phase Two.
Hill Wallack said it chose Roszel Square because of the convenient location, efficient interior layout and opportunity to create a cutting-edge legal work environment in a first generation space. Together with famed architecture firm Gensler, the development team will work closely with Hill Wallack in the building design development process. Roszel Square will feature superior building systems, refined architecture and abundant landscaping in a vibrant setting.
“Roszel Square is a high-design alternative to standard offices in the area,” Gottesman said. “And it is only five minutes from downtown Princeton and all the unique amenities the university town has to offer, including proximity to hotels, the Marketfair for upscale shopping and restaurants, and the Princeton Junction train station.”
The Phase Two Building of Roszel Square features 13,000 s/f floor plates, offering tenants an opportunity for first-class identity even with modest footprints, and will start construction when pre-leased.
“The remaining space we’re pre-leasing is perfect for technology companies or other smaller users that want the advantages of being headquartered in Princeton’s newest office building within the Einstein’s Alley corridor,” Charbonneau said.