Jones Lang LaSalle


Work Starts on 100,000-SF Office in Exit 8A Market
By Eric Peterson
Last updated: April 19, 2006 02:44pm

CRANBURY, NJ-M. Gordon Construction Co. has started construction on 1249 South River Rd., a 100,000-sf office building here. Located in the New Jersey Turnpike Exit 8A submarket, approximately 1.5 miles from the interchange itself, the three-story asset is slated for delivery in the spring of 2007.

The Linden, NJ-based M. Gordon Construction has also given the leasing exclusive for the speculative project to Weichert Commercial, Morris Plains, NJ. For Weichert Commercial, the assignment is being handled by senior vice president Kim Kretowicz and vice presidents Mario Chiarella and Mark Fowler.

"Because of the building’s close proximity to Princeton, and to the New Jersey Turnpike, we are confident that it will draw a great deal of interest," says John G. Udell, Weichert Commercial’s president. The three-story building has floorplates in the vicinity of 30,000 sf in configurations termed "unusually efficient" by David A. Simon, Weichert Commercial’s executive vice president and managing director.

The facility has been designed "to allow the maximum amount of light into the work environment." And the third floor of the asset features balconies "that can be used to enhance a company’s executive environment, or can be utilized to create unique meeting rooms." Another feature of the project is that like a number of M. Gordon Construction’s projects, ownership participation is on the table for prospective tenants.