Built on Spec, 300 Carnegie Starts to Fill

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J P Morgan Chase bank and VMS Fund Administration have taken out leases at 300 Carnegie Center, bringing the newly constructed 88,000-square-foot office building to 55 percent occupancy. Hilton Realty, which owns the building, announced the leases in a press release.

The company has leased a total of 48,250 square feet at 300 Carnegie Center to Heartland Payment Systems, VMS Fund Administration, Peapack Gladstone Bank, Advisors Asset Management, Moofwd and J P Morgan Chase Bank. VMS moved from 47 Hulfish Street.

Matt Malatich of Hilton Realty says most of the tenants were attracted by the building’s location in the center of the Princeton market and the ability to construct custom office space.

The company built the office building this year on a speculative basis. It features a gym, a fountain, energy-efficient design, and access to a cafe next door. The building’s owners are pursuing LEED Core and Shell Silver certification.

Hilton Management Co. LLC, 902 Carnegie Center, Suite 400, Princeton; 609-921-6060; fax, 609-921-0939. Jeffrey H. Sands, managing member. www.hiltonrealtyco.com.

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