The Greater Princeton, New Jersey office market is one of the most desirable business locations in the Northeast US, where biotech, pharmaceutical, healthcare, legal and engineering companies lead the demand for office space. The immediate proximity of Princeton University and a skilled resident workforce combine to make this market a desirable corporate location.
The overall long-term market outlook is healthy, with continuing growth expected in both market size and net absorption. The significant amenity base of the ULI award-winning Carnegie Center master plan helps to consistently create the highest occupancy in the market, while offering tenants the best value. With an excellent location, superior transportation infrastructure, Class A product, and high quality of life, the Princeton region's existing properties totaling more than two million square feet and additional two million square feet of land development rights have the ability to accommodate the office space needs of both small businesses and large corporations, while also offering nearly unlimited expansion ability.