Current News

Current News

Princeton Innovation Center BioLabs
Princeton Innovation Center BioLabs

INNOVATION CENTER UNVEILED

303 COLLEGE ROAD EAST, SUITE A
AT PRINCETON FORRESTAL CENTER

Princeton Innovation Center BioLabs has entered into a lease agreement with landlord National Business Parks for ±31,000 square feet of space in the ±62,000 square foot one-story research and office building located at 303 College Road East at Princeton Forrestal Center. Entering into the lease allows Princeton University to grow the regional entrepreneurial ecosystem. Operated by BioLabs, this premier co-working space for startups in New Jersey, offers a variety of shared space such as wet labs for chemical, biological and pharmaceutical development and dry lab space for computational and mathematical research and engineering development, as well as shared office and desk space for resident companies and related ventures. The Princeton Innovation Center BioLabs will officially open during the first quarter of 2018 and will also host regular educational programming and community networking events. The application process and criteria for admission of startups is available online.
Princeton Innovation Center BioLabs
Life Time Fitness

HEALTH & FITNESS CENTER CONSTRUCTION BEGINS

7 FORRESTAL ROAD SOUTH
AT PRINCETON FORRESTAL CENTER

Life Time Fitness recently received approval and broke ground on a 120,000 square foot health and fitness center that will feature fitness areas, instruction studios, salon, food court, large child center, and indoor/outdoor pools. A privately held company, Life Time Fitness operates a portfolio of 122 distinctive resort-like destinations centers in 26 states and 35 major markets and is recognized as a comprehensive healthy living, healthy aging and healthy entertainment lifestyle company that offers a personalized and scientific approach to long-term health and wellness. When completed in 2018, this new facility will be a great addition to the amenity base within the Princeton Forrestal Center environment. Involved in the deal: LTF Real Estate Inc., Cushman & Wakefield, Princeton University and Picus Associates.
Princeton Forrestal Road South Rendering
Beacon

PROFESSIONAL CENTER BREAKS GROUND

8 FORRESTAL ROAD SOUTH
AT PRINCETON FORRESTAL CENTER

Beacon Medical Realty has broken ground on latest addition to Princeton Forrestal Center, the Forrestal Professional Center Phase II. This ±40,300 square foot medical office building is situated in a highly desirable area, in close proximity to Penn Medicine's University Medical Center of Princeton at Plainsboro and adjacent to the Life Time Athletic complex. After the success of the neighboring Forrestal Professional Center Phase I medical office building, construction of Phase II commenced late in 2017 and is scheduled to continue during 2018 with occupancy early in 2019. Involved in the project: an affiliate of Beacon Medical Realty, Menlo Engineering Associates and Princeton University/Picus Associates.
Princeton Forrestal Road South Rendering
Exterior of 650 College Road East
coface

CREDIT INSURER MOVING IN

650 COLLEGE ROAD EAST
AT PRINCETON FORRESTAL CENTER

Coface (Compagnie Franaise d'Assurance pour le Commerce Extérieur), has entered into a lease agreement with landlord TH Real Estate for 26,900 square feet of space in the 170,000 square foot four-story office building located at 650 College Road East at Princeton Forrestal Center. Entering into the lease allows Coface, to relocate their North American Headquarters into quality space, within a well-located, amenity rich environment. Coface anticipates moving into the premises during the first quarter of 2018. Coface is a credit insurer operating globally, assisting companies trade safely around the world by offering solutions to protect them against the risk of financial default of their clients, both in their domestic and export markets.
Exterior of 650 College Road East
Pillari Brothers Construction logo

REALIGNMENT COMPLETE

COLLEGE ROAD WEST & SEMINARY DRIVE
AT PRINCETON FORRESTAL CENTER

Realignment of the College Road West and Seminary Drive intersection, a busy vehicular through-fare, is complete. This major infrastructure project included the relocation of primary distribution services for gas, water, electric, cable and telecommunications. Enhanced project coordination with the utility companies and Township officials ensured limited disruption to traffic throughout the project. The reconfigured intersection promotes improved roadway and pedestrian safety plus the continued development of the Princeton Forrestal Center. Final paving and striping occur during the fall of 2017. Primary project team members include: general contractor Pillari Brothers Construction, civil engineer Van Note-Harvey Associates, and project management Picus Associates.
Advaxis, Inc.

STATE-OF-THE-ART FACILITY UNVEILED

305 COLLEGE ROAD EAST
AT PRINCETON FORRESTAL CENTER

Advaxis, Inc. a clinical stage biotechnology company unveiled a 30,000-square-foot expansion designed to manufacture clinical-grade products to support Advaxis' clinical trials and future commercialization of its immuno-oncology therapeutics. New Jersey Governor Christopher J. Christie and BioNJ President and Chief Executive Officer Debbie Hart were present to celebrate the completion of this new state-of-the-art clean-room manufacturing and laboratory facility with a ribbon-cutting event before close to 200 people. This new facility is an exciting addition to the impressive list of existing research and development facilities within the Princeton Forrestal Center.
CNA
CNA logo

INSURANCE PROVIDER MOVES IN

500 COLLEGE ROAD EAST, SUITE 401
AT PRINCETON FORRESTAL CENTER

CNA Financial Corporation has entered into a lease agreement with landlord Mack-Cali in the ±158,000 square foot four-story office building located at 500 College Road East at Princeton Forrestal Center. The newly coined Princeton office houses professionals from CNA's Commercial, Specialty, Claim, Litigation Counsel, Law, Information Technology and Worldwide Field Operations units, and is one of CNA's largest offices among its network of 49 offices in the United States, 5 in Canada and 14 in Europe and Asia. CNA is the country's eighth largest commercial insurance writer and the fourteenth largest property and casualty company.
CNA
CNA logo

MODERNIZATION ATTRACTS NEW TENANTS

101 COLLEGE ROAD EAST
AT PRINCETON FORRESTAL CENTER

The recently completed modernization and renovation project at 101 College Road East continues to attract new tenants. Upgrades to provide a fresh, modern feel to the common areas include new lighting, flooring, wall covering in the lobby and restrooms, as well as upgrades to the elevator cab interiors. Building tenants now include: Ameriprise Financial, Logic Planet Inc., Right Management, Princeton Educational Services, Weblications, Care IT Services Inc., Medrona, Techsol Corporation, Logic Planet CS, Semandex Networks, Rondon Law Group LLC, and Bancroft Construction.