12B — May 10 - 23, 2019— Central New Jersey — M id A tlantic
Real Estate Journal
www.marejournal.com
C entral N ew J ersey
AMILTON, NJ — Denholtz Associ- ates announced an Loderstedt and Tolkach of Newmark Real Estate of Princeton LLC represent owner DenholtzAssociatesnegotiates renewal tocontinue strong leasing activity at Hamilton office portfolio H
ter portfolio consists of five office/flex buildings and two development sites, totaling 236,284 s/f. The Horizon Cen- ter is well-situated just outside of the Princeton area, with easy access to roadways such as the New Jersey Tpke. and Rtes. 1 and 130, as well as a number of mass transportation options. Located just across from the Horizon Center lies the Hamilton Marketplace, a 959,900 s/f retail center housing national brands such as Barnes & Noble, Lowe’s, Walmart, Bed Bath & Be-
yond, and more. In addition, a variety of other shopping, banking, restaurant and hotel options are located within close proximity. “Our acquisition of Horizon Center was motivated by the simple fact that although every business differs, their need for well-located spaces remains the same,” said Kristine Hurlbut , senior vice president of leasing at Denholtz Associ- ates. “Our latest renewal with APTIM highlights the contin- ued high demand for space at the Horizon Center and our consistent ability to retain tenants across our portfolio in a wide range of asset types.” Robert Loderstedt a nd Stephen Tolkach of New- mark Real Estate of Princ- eton LLC represented Den- holtz Associates and Adam Englander of CBRE repre- sented APTIMFacilities in the transaction. Sterling Properties completes leasing program at Soma Rental building in Somerville SOMERVILLE, NJ — Ster- ling Properties has success- fully executed the leasing pro- gram at SOMA less than three months after the four-story rental building opened its doors to the public in downtown Somerville. Located at 110 South Bridge St. and just a short walk from the New Jersey Transit train station and the Division Street Plaza and Main Street Corri- dor, the collection of 69 upscale homes effectively tapped into the growing demand for luxury apartment living in an ultra- convenient downtown setting. “To complete our leasing program in such a short period of time is a testament to the desirability of Somerville as a premium lifestyle hub and an affordable alternative to some of the state’s more publicized towns,” said Nick Hollen- beck , director of sales and marketing for Sterling Proper- ties. “Somerville is well posi- tioned to be New Jersey’s next great downtown and we knew introducing a fun and contem- porary residential address such as SOMA would satisfy the hunger for a modern building that’s a quick walk from all that makes this Somerset County borough so attractive.”
office space lease renewal with APTIM Facilities, Inc. for 14,464 s/f at 500 Horizon Dr. in the Horizon Center in Hamilton. Headquar tered in The Woodlands, TX, APTIM is a multi-national engineering, program management, envi- ronmental services, disaster recovery, complex facility maintenance, and construc- tion services provider. Acquired in 2018 from Mack-Cali , the Horizon Cen-
MAREJ 5.16.18_Copy of Layout 1 5/14/2018 11:34 AM Page 1
MID-ATLANTIC REAL ESTATE JOURNAL 5/16/18 COPY DEADLINE Industrial / Distribution Centers **FULL COLOR AD PLEASE **
Horizon Center in Hamilton
SOUTH BRUNSWICK 28,727 SF 9/1 OCCUPANCY n 4 DOCK DOORS n 28’ CLEAR HEIGHT n 1,266 SF OFFICES n RAIL SERVED SOUTH BRUNSWICK 113,255 SF 11/1 OCCUPANCY n 15 DOCK DOORS n 19 TRAILER PARKING n 1,266 SF OFFICES n 3 RAIL DOORS n LOW EXPENSES CENTRAL & NORTH NJ
FOR LEASE
SOUTH BRUNSWICK 4,928 SF OFFICES
EDISON NJ TPKE EXIT 10 208,391 SF 9/1 OCCUPANCY n 15 DOCK DOORS n 28’ CLEAR HEIGHT n FREE STANDING n 1,000 AMPS 3 PHASE KEARNY NJ TPKE EXIT 15W 28,886 SF MARCH 1 OCCUPANCY
AVENEL NJ TPKE EXIT 12 114,644 SF 9/1 OCCUPANCY 11 MILES TO PORTS! APRIL 1 OCCUPANCY H IGHWAY F RONTAGE n 20 CAR PARKING
n 10 DOCK DOORS n 19’ CLEAR HEIGHT n 2,848 SF OFFICES n 7 MILES TO PORTS n 4 MILES TO NYC
n 16 TB DOORS n 34 TRAILERS n 28’ CLEAR HT. n RAIL AVAILABLE
Lease with the
Market Leader
732-287-4880
Heller Industrial Parks - 205 Mill Road, Edison, NJ 08837
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