#CommercialRealEstate Firm(#CRE). #RealEstate Specialist: Acquisition, Disposition, #Leasing, Consulting & Sales. (609-520-0061) #Princeton⏩#NJ & #PA

Central New Jersey
Joined January 2012
NAI Fennelly is one of New Jersey and Pennsylvania’s most experienced and successful independent full-service commercial real estate solutions providers. Visit our website for more: fennelly.com/ #commercialrealestate #cre #clients
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Distressed office buildings are making headlines, but what are the actual numbers in Princeton? Jerry Fennelly breaks down why 22M out of 26M square feet remain strong, and how lender adjustments are creating real opportunities.
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New Jersey has 564 municipalities, each with its own zoning code. Add state agencies and the courts, and the rules on your building can shift between the day you buy and the day you sell. Reconfirm before your next move. fennelly.com #BetterBeFennelly
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1632 North Olden Avenue, Ewing: 4,000 SF in two units, a 2,000 SF retail storefront and a 2,000 SF grocery end-cap, inside a 26,399 SF strip center at a signalized corner. $22.00/SF NNN. Call 609-520-0061 for the fact sheet. #BetterBeFennelly
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Princeton office vacancy runs from 10% in Downtown Princeton to 30% on Route 206: six submarkets, six different negotiations. Know which one you are in before you sign. #BetterBeFennelly #PrincetonNJ
For sale in Princeton Junction: 195 Clarksville Road. 52,778 SF on 5.1 acres with 1,000 amps, a back-up generator and ROM-4 zoning for R&D and lab users. $9,950,000. Details at fennelly.com #BetterBeFennelly #PrincetonJunction
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What lease clause do you wish you'd pushed back on? In 40 years, it's usually renewal options, expense caps, or assignment rights. Nobody notices until they try to renew or sublease years later. Tell me yours in the comments. #BetterBeFennelly
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Warehouse and flex space along Route 130 and Route 1 is leasing faster than landlords can turn it over. Planning a search for next year? Start now. #BetterBeFennelly #CRE
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Welcome to the team, Nico Carusone! A Princeton native with a Finance degree from the University of Miami, Nico brings local market knowledge and development experience to our Central Jersey clients. #BetterBeFennelly #PrincetonNJ
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Class A office vacancy in Greater Princeton: 31.87% and rising. Class C: 13.48%. Class C buildings absorbed 53% of net growth in 1H 2026. Tenants are paying for fit and cost. #BetterBeFennelly #PrincetonNJ
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94 office deals in Princeton in 1H 2026. One in five took less space. Vacancy sits at 23.26% with 362,095 SF of net absorption. Tenants are still signing, just smaller. Full report at fennelly.com #BetterBeFennelly #PrincetonNJ
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1575 Brunswick Avenue, Lawrenceville: 3,560 SF former bank branch, 2 drive-thru lanes intact, 13' ceilings, 23 parking spaces. NC-2 zoning. fennelly.com/properties/1575… #BetterBeFennelly #CRE
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A quarter point Fed move hits a national logistics fund very differently than a Hamilton business owner buying their first building. Local lenders price risk on tenant mix and asset, not a national average. #BetterBeFennelly #FedRates #CRE
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Forty years in this market means forty years of relationships. This year, Jerry has been picking up the phone more, reconnecting with old clients, not for a deal, just because it mattered. #BetterBeFennelly #40Years #CRE
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Roughly 1.5M SF of leases expire across our Central NJ market every year. We track expirations 12-18 months out, so owners can plan before space sits empty. When did you last check who's up for renewal down the street? #BetterBeFennelly #CRE
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2,442 SF medical office condo now available at The Professional Center at Hamilton, 9 years left on the sublease. Built out, ample parking, minutes from RWJ and Capital Health. fennelly.com/properties/2093… #BetterBeFennelly #HamiltonNJ #CRE
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Every AI headline is really a headline about power and land. Data center demand is hitting the Route 130 and Route 1 corridors, and quiet industrial land near substations is getting a second look. #BetterBeFennelly #DataCenters #CRE
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Planning a 2026 move? Six months isn't enough. Finding space, negotiating, and building out can take 9-12 months. Start now at fennelly.com. #BetterBeFennelly #CRE
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The most important lease clause is the one you hope you'll never need: no sublease right, no assignment clause, no termination option. Negotiate the exit before you sign, not after you need it. #BetterBeFennelly #CRE
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Most office markets take a hit when the economy turns. Princeton doesn't. Healthcare, education, and R&D tenants don't downsize fast, and that keeps this market's floor higher than most. #BetterBeFennelly #CRE
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The space looks right, the price works, then 6 months in the janitorial service disappears. Happening at roughly 10% of buildings in Central NJ, tied to owner debt from 2020-2022. What to ask before you sign: fennelly.com/before-you-sign… #BetterBeFennelly
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