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Gale inks 23,000 s/f in leases at Village.

Gale Real Estate Services Company, a subsidiary of Mack-Cali Realty Corporation, has executed 23,252 s/f of office lease transactions within the award-winning Princeton Forrestal Village in Princeton, New Jersey.

Princeton Partners, Inc., a full-service marketing consultancy and advertising agency, has leased 17,832 square feet at Rockingham Row. Greg Lezynski of Equis Corporation represented Princeton Partners, Inc in this new lease transaction.

National Association of Fleet Administrators, Inc. (NAFA), a not-for-profit professional society for the automotive fleet management profession, leased 5,420 s/f at 125 Village Boulevard. Jennifer Palestri represented Gale Real Estate Services Company in this new lease transaction. Bill Brown of Cushman & Wakefield represented NAFA.

"We're proud that Princeton Partners and NAFA have decided to join our growing office tenant roster at Princeton Forrestal Village," stated Fred Knapp, vice president of property and asset management at Gale Real Estate Services Company.

"We value both companies as tenants, and their addition will continue to build on Princeton Forrestal Village's reputation as one of the area's leading office addresses."

Princeton Forrestal Village is located on US Route 1, just minutes from Interstates 95 and 295, Route 206 and the New Jersey Turnpike. The Village is an innovative mixed-use complex, consisting of 320,000 s/f of office space, approximately 93% leased, and 175,000 s/f of retail/service/professional space.

Built in 1987, Princeton Forrestal Village offers an exciting shopping experience in a charming village-style setting, complete with Main Street, Village Square Fountain and Market Plaza Courtyard, situated among beautifully landscaped grounds. The Village also features a 294-room Westin hotel and conference center and a fully accredited child care facility. In addition, The Village provides abundant parking and 24-hour security.

Princeton Forrestal Village's current repositioning initiative consists of reconfiguring 175,000 s/f of previously designated retail space into new layouts allowing for the accommodation of a variety of user groups.

Gale Real Estate Services Company is able to accommodate additional uses such as medical, professional, educational and personal services within the repositioned space. KSS Architects LLP of Princeton served as architect of record and Clive Samuels & Associates, Inc., also of Princeton, served as engineer of record for this repositioning program.
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Publication:Real Estate Weekly
Date:Oct 18, 2006
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