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Engineering firm takes 31,633 s/f at Metro Center.

Michael Baker Jr., Inc., an engineering unit of Michael Baker Corporation, has leased 31,633 s/f at the American Metro Center. The building, located at 240 Princeton Avenue in Hamilton, New Jersey, is owned by a partnership among Lincoln Equities Group, Meritage Properties, and Avenue Capital.

Lincoln's senior director of leasing, Daniel S. Ackerman, and associate director, Susan Lulla, represented the property's ownership in the transaction, while UGL Equis Corporation's vice president, Mitch Pearl, represented the tenant. The appeal of this Property continues to grow, which is evident through the nearly 50,000 s/f of leasing completed in 2008 alone.

"American Metro Center, which is located in the prestigious Princeton submarket, continues to be an attractive choice for companies seeking headquarters and satellite offices," said Mr. Ackerman. "The property's convenience to major highways, train accessibility along with its world-class amenities set this complex apart. This property continues to draw professional service firms desiring a Central New Jersey location that is convenient to New York and Philadelphia."

American Metro Center is a 485,000 s/f three-building multi-tenanted Class A office complex located at the southern end of the Princeton/Route 1 corridor. Situated on 112 acres, American Metro Center is adjacent to the Hamilton train station on NJ Transit's Northeast Corridor line.

The property is within one mile from Exit 65 on I-295/95 offering convenient access to Trenton, Princeton, Philadelphia and New York City. American Metro Center is robust with amenities and features a full service cafeteria, fitness center, conference center, and ample parking.

Other tenants at American Metro Center include Infobase Publishing Inc., leading provider of educational materials to schools and libraries; Consolidated Services Group, an industry leader in the medical claims solutions industry; Flaster Greenberg P.C., an innovative legal solutions law firm; Hase/Schannen Research Associates, a market analysis, research service, and marketing consultant firm; and Headwaters, Inc., a world leader in creating value through innovative advancements in the utilization of natural resources.

"It's a very competitive market right now, and tenants are demanding more than simply the basic amenities," said Joel Bergstein, president of Lincoln Equities Group.
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Title Annotation:NEW JERSEY
Comment:Engineering firm takes 31,633 s/f at Metro Center.(NEW JERSEY)
Publication:Real Estate Weekly
Date:Jun 25, 2008
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