Advance Realty Completes More Than 14,000 SF in Lease Transactions at 400 Riverview Plaza in Trenton
MIDJersey Chamber of Commerce Relocates to 4,734-SF Space at Class-A Building
TRENTON, N.J. (July 19, 2016) — Advance Realty, a leading Northeast U.S. owner and developer of Class A retail, office, multifamily, mixed-use and industrial-flex properties, today announced 14,000 square feet in lease transactions at 400 Riverview Plaza, a 30,000-square-foot, two-story office building situated along the Delaware River waterfront in Trenton, N.J.
MIDJersey Chamber of Commerce leased 4,738 square feet at the property, which is situated adjacent to Trenton’s Waterfront Park, home of the Trenton Thunder.
Attracted to the space, in large part, because it can accommodate a stand-alone, 42-seat conference center that will allow the MIDJersey Chamber to host regular events for its member businesses, the organization will relocate from nearby Hamilton Township.
Gerry Fennelly, president of NAI Fennelly, represented Advance as the building’s exclusive leasing agent, while Colliers Executive Managing Director Thomas Romano represented the MIDJersey Chamber.
In addition, Advance announced deals with The Times of Trenton Publishing Corporation and Public Strategies Impact, a prominent government relations, public affairs and association management firm. Both companies recently renewed their leases at 400 Riverview Plaza for a total of 9,477 square feet.
“We’re pleased to be able to address the requirements of the MIDJersey Chamber as the group relocates to Trenton,” said Barry Quiner, director of asset management of Advance Realty. “As a tenant of 400 Riverview Plaza, the company is afforded a first-class office environment to enhance its operations.”
Located within Riverview Executive Park – Trenton’s premier office complex – and adjacent to Waterfront Park, homeof the Trenton Thunder baseball team, 400 Riverview Plaza provides tenants with high visibility in a picturesque setting.
Riverview Plaza is strategically located just three miles from Interstate 95 and offers direct access to Route 29 South.Tenants also enjoy private entrances to first-floor suites, ample parking, an outdoor dining area and an onsite deli.
About Advance Realty
Advance Realty is a privately owned real estate development, investment and management company headquartered in Bridgewater, N.J. Since its inception in 1979, Advance Realty has acquired or developed more than 10 million square feet of commercial, residential, R&D, industrial and mixed-use projects. Today, the company owns, manages and invests in a diversified portfolio of office, retail, industrial, residential and mixed-use assets in key urban and suburban markets along the Northeast Corridor. The company actively pursues real estate investments that provide opportunity to enhance value through development, repositioning and redevelopment. Advance’s strong capital base, fully integrated platform, outstanding talent and flexibility as a privately held organization position the company for continued growth. For more information, visit www.advancere.com.