Mid Atlantic Real Estate Journal — New Jersey — February 14 - 27, 2014 — 11B
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C entral N ew J ersey
Adam Englander and Carolyn Sica of CBRE represent tenant CBRE Group Inc. completes 78,296 s/f lease At 7 Roszel Rd. in Princeton, NJ
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RINCETON, NJ — CBRE Group Inc. , New Jersey’s largest
guage education company, is relocating from 400Alexander Park in Princeton to 7 Roszel Road, a class-A, five-story building comprised of 191,410 s/f. This office will serve as the U.S. Corporate Headquarters for Berlitz and its two operat- ing entities, Berlitz Language Schools and ELS Educational Services. “In order to lease this space directly with the landlord, we were able to make an agree- ment with another tenant to reduce its space in a separate transaction, allowing Berlitz to lease the necessary amount
of space,” said Englander. “We were determined to secure this location for Berlitz as they felt this building offered the perfect mix of amenities while allowing them to keep its headquarters in Princeton.” The office building is part of The Commons, a 300,000 s/f complex consisting of two multi-story buildings. The site provides easy access to the New Jersey Turnpike, Newark and Philadelphia In- ternational Airports, as well as a host of hotels, restaurants, and shopping along the Route 1 corridor. n
Procida Funding finances Riverwood Chase TOMS RIVER, NJ — NVR, Inc. announced the grand opening of the new Mozart townhome model at Riverwood Chase, financed by Procida Funding and the 100 Mile Fund . The River- wood Chase community offers new Ocean County town- homes on wooded homesites in the North Dover section of Toms River. The grand open- ing of the Mozart model took place on Saturday, February 8th. The model provides Riv- erwood Chase homeowners the amenities of a single-fam- ily home coupled with the ease of townhome living. n The CBRE team of Adam Englander , vice president, and Carolyn Sica , senior vice president, represented the ten- ant, Berlitz Corporation, while the landlord, John Hancock Life Insurance Company, was represented in-house. Berlitz Corporation, a global leadership training and lan- NAI Hanson reps Door Pro America in 7,500 s/f lease RARITAN, NJ — NAI James E. Hanson announced that Door Pro America has signed a 7,500 s/f lease at 2 Johnson Drive, a warehouse property in Raritan. Owned by Raritan Johnson, Associates, LLC, 2 Johnson Drive is located a quarter-mile from Route 202 and just two miles from I-287 and I-78. It is within walking distance of passenger rail service and other town amenities. NAI Hanson vice president Sig Schorr represented the tenant in the transaction. “The Raritan address pro- vides Door Pro America with a central location for garage door sales, service, installation and repairs in New Jersey,” Schorr said. “The company is known for providing same-day or next- day service, and this lease will help them to expand their local customer base.” n commercial real estate broker- age firm, today announced the completion of a 78,296 s/f office lease transaction at 7 Roszel Rd. in Princeton, NJ.
7 Roszel Rd., Princeton, NJ
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