Press Release brought to you by Mercer Oak Realty, LLC

Industry Thought Leaders Discuss the Princeton Commercial Real Estate Market

10/23/2014

FOR IMMEDIATE RELEASE

October 23rd, 2014

CONTACT:

Caitie Caroleo, VP Marketing

609.493.2208, ccaroleo@merceroak.com

 

Industry Thought Leaders Discuss the Princeton Commercial Real Estate Market

Sab Russo of Mercer Oak Realty Presents at the MIDJersey Chamber Breakfast Forum

Ewing, NJ – Despite the dreary weather, there was a healthy turn-out early Thursday morning for MidJersey Chamber of Commerce’s Breakfast Forum. A panel of Commercial Real Estate Industry leaders came together at the Mountain View Golf Course to speak on the current trends and possible future of the Princeton Market. The event was sponsored by the Credit Union of New Jersey and V.J. Scozzari & Sons.

Sab Russo, President of Mercer Oak Realty presented Princeton Area Commercial Real Estate Market Drivers: Then & Now which covered the various rises and falls of the Princeton office market, highlighting similar factors that could be seen in each upturn. Sab also spoke on current workplace trends and the Build-to-Suit market.“No one can predict the future, but what we can do is study what has happened in the past, understand why it happened and use that new knowledge to help guide our clients and ourselves to more informed decisions for tomorrow.” explains Russo. “We’ve been tracking market statistics and trends since the mid 80’s- you shouldn’t live in the past, but it’s quite helpful to visit from time to time.” A PDF of Sab’s presentation will be posted on the Mercer Oak Realty website for download.

Jerry Fennelly, of NAI Fennelly also spoke at the event- going into detail on transactions, trends and future movement of the Princeton market. David Lodato of the Credit Union of New Jersey covered some of what CUNJ has been seeing with their clients and how it may relate to the health of the Commercial Real Estate market. All three speakers were available to answer addition questions in regards the Commercial Real Estate Market from attendees after their presentations.

About Mercer Oak Realty, LLC:

Mercer Oak Realty, LLC is a Commercial Real Estate Brokerage firm serving the Princeton, NJ office market. Firm Professionals have over 100 years collective commercial real estate market knowledge. Mercer Oak Realty works with Tenant, Landlord and Investor clients in Central NJ, helping them to find office space, lease, sell or buy office buildings and build and manage real estate investment portfolios. Mercer Oak Realty helps clients reach their company’s goals through sophisticated and intelligent real estate decision making by applying a deep understanding of the market, statistical data and thorough financial analysis and keen negotiating skills.

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10/23/2014 - 09:54

Source

Mercer Oak Realty, LLC

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