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Corporate Center’s 4.25-Acre Development Site 400 Charles Ewing Blvd 4.25 Acres of Commercial Land Online Auction Sale Ewing Township, NJ 08628
INVESTMENT HIGHLIGHTS
- Subject property is a 4.25-acre land site within a larger development, the Princeton South Corporate Center, ready for commercial development.
- NEC Commercial zoning enables office, retail, mixed-use, and various asset types available for development within a corporate hub.
- Growing corporate demand in the immediate area with a highly educated workforce from The College of NJ, Rider University, and Mercer County College.
- Directly off Interstate 295, a major bypass route for Interstate 95, less than 5 miles from the Trenton-Mercer Airport.
- Princeton South Corporate Center is an expanding project with professional tenants ranging from legal and business to finance and environmental.
- More than 40% of the 10-mile radius has attained a bachelor's degree or higher level of education, and the average household income is $132,831.
EXECUTIVE SUMMARY
As the exclusive advisor, Colliers presents the 4.25-acre commercial development site at 400 Ewing Boulevard, within the Princeton South Corporate Center of Ewing Township, New Jersey.
The subject is a 4.25-acre site within the larger Princeton South Corporate Center development, which is zoned for NEC commercial use. This development opportunity is located within the Office Park designation of Mercer County, approximately 4 miles from the Trenton-Mercer Airport, which has service via Frontier Airlines to 11 cities throughout the US, serving both business and leisure travelers in the immediate area. Corporate neighbors include Philadelphia Insurance Companies, AICPA, FMC, and Church & Dwight Co., Inc.
Princeton South capitalizes on superior visibility (roughly 110,000 cars per weekday) and convenience, with frontage on Interstate 295 and easy access off Route 31. With proximity to dozens of amenities along the busy interstate corridor, the location is truly a landmark professional environment minutes from Bucks County and Princeton.
The education and health services sector is one of the largest in Northern New Jersey, employing approximately 223,000 individuals. This space has grown by approximately 5.2% over the past year, by far the most significant contributor to the metro's payroll growth. Many companies have looked to the Garden State, with its prime location in the middle of the northeast corridor.
Inquire today to learn more about Princeton South’s build-to-suit development opportunity.
The subject is a 4.25-acre site within the larger Princeton South Corporate Center development, which is zoned for NEC commercial use. This development opportunity is located within the Office Park designation of Mercer County, approximately 4 miles from the Trenton-Mercer Airport, which has service via Frontier Airlines to 11 cities throughout the US, serving both business and leisure travelers in the immediate area. Corporate neighbors include Philadelphia Insurance Companies, AICPA, FMC, and Church & Dwight Co., Inc.
Princeton South capitalizes on superior visibility (roughly 110,000 cars per weekday) and convenience, with frontage on Interstate 295 and easy access off Route 31. With proximity to dozens of amenities along the busy interstate corridor, the location is truly a landmark professional environment minutes from Bucks County and Princeton.
The education and health services sector is one of the largest in Northern New Jersey, employing approximately 223,000 individuals. This space has grown by approximately 5.2% over the past year, by far the most significant contributor to the metro's payroll growth. Many companies have looked to the Garden State, with its prime location in the middle of the northeast corridor.
Inquire today to learn more about Princeton South’s build-to-suit development opportunity.
OFFERING MEMORANDUM Click Here to Access
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 4.25 AC |
| Property Subtype | Commercial | Sale Condition | Auction Sale |
| Sale Type | Investment | Type of Ownership | Fee Simple |
| Zoning | NEC - Commercial | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Sale Type | Investment |
| Total Lot Size | 4.25 AC |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Zoning | NEC - Commercial |
1 LOT AVAILABLE
Lot
| Lot Size | 4.25 AC | Parcel Number | 02-00225-04-00001-01 |
| Lot Size | 4.25 AC |
| Parcel Number | 02-00225-04-00001-01 |
400 Charles Ewing Boulevard presents a 4.25-acre development site zoned NEC Commercial to cater to the growing demand in the Princeton South Corporate Center.
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SALE ADVISORS
SALE ADVISORS
Joseph Garibaldi,
Vice Chair
Joseph Garibaldi is a Managing Director in Walker & Dunlop's property sales team based in Englewood Cliffs, New Jersey. Bringing 25 years of experience to the team, Mr. Garibaldi is responsible for originating and executing commercial real estate property sales in the New York Metro and Tri-State areas. Mr. Garibaldi has closed more than $15 billion of property sales transactions during his career.
Prior to Walker & Dunlop, Mr. Garibaldi was a Managing Director at JLL where he was responsible for institutional property sales, primarily in New Jersey and the surrounding region.
Prior to Walker & Dunlop, Mr. Garibaldi was a Managing Director at JLL where he was responsible for institutional property sales, primarily in New Jersey and the surrounding region.
Aubrey Haines,
Chief Executive Officer
Aubrey Haines has over 30 years’ experience in the Princeton market and has been responsible for negotiating over $2.5 billion in leasing and sales transactions. His extensive experience includes acquiring and marketing office and industrial space, directing land development, consulting and investment property sales and purchases. Over his career, Aubrey has arranged complex multi-party transactions including corporate office facilities, research and development labs, data processing/storage centers, apartments, retail space and telecommunications switching space. Aubrey currently represents the owners of more than 3 million square feet of existing and proposed office space in the Princeton Region. Aubrey leads Mercer Oak as CEO and is Managing Partner of both our Princeton Property Management and Princeton Property Partner affiliate companies.
ABOUT THE AUCTION TECHNOLOGY
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AUCTION CONTACT
Casey Harrell
Contact
Auctioneer License:
Ten-X Commercial, LLC Arlene Richardson RE Brkr 2187404
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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Corporate Center’s 4.25-Acre Development Site | 400 Charles Ewing Blvd
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Corporate Center’s 4.25-Acre Development Site | 400 Charles Ewing Blvd
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