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Skillman, NJ

A 234,000 square foot Class A office building minutes north of downtown Princeton, directly off Route 206 near the Route 518 intersection.

Herring Properties acquisition of this property in 2005 consisted of a short term lease-back to Computer Associates. After acquiring the property, a $3 million reposition and renovation program was completed. During this period, three leases were signed to bring the building up to 82% leased, with the largest tenant, Johnson and Johnson (AAA rated), leasing over 70% of the building. The Johnson and Johnson lease was the third largest lease in New Jersey in 2008.

Other current tenants include GP Strategies (formerly Blessing White), Princeton One, and Wireless Asset Management.

© Herring Properties