Corrections or additions?
These articles by Barbara Fox were prepared for the November 17,
2004 issue of U.S. 1 Newspaper. All rights reserved.
On the Move
Victor Murray had his own tenant representation firm, The Victor
Company, for 14 years, and he closed it in 2001 to join the Aegis
Group, saying then that he likes to make a change in direction every
three to five years. Now he has joined CRESA Partners to focus once
more on representing tenants.
A 1976 graduate of Penn State, he moved from Pittsburgh to Princeton
to represent the Enerplex buildings, two Prudential properties on
Research Way that were hard to rent at that time because they used
alternative energy sources. Then he opened his own tenant
representation company and had such clients as GE Astro Space,
Covance, Pharmanet, Quintiles, Hoechst Pharmaceuticals, and North
American Electric Reliability Council. His largest single lease was
400,000 feet for ETS at the Carnegie Center.
His new affiliation, pronounced “cressa,” is 11 years old and is
co-headquartered in New York City and Boston. Providing service in 35
countries and more than 125 cities, it has 46 North American offices,
nearly 600 employees, and is one of the largest pure tenant
representation and corporate services firms in the United States. Last
year its assignments totaled 35 million square feet.
“I had been approached by various organizations that offer the mixed
message of brokering on both sides of a transaction,” says Murray,
“but the CRESA Partners organization is the only professional firm
that I feel garnered the respect and repeat business that is the true
hallmark of true tenant representation. With the ever-increasing
recognition by many clients that there is significant value in
exclusive tenant representation, joining forces with CRESA Partners
will allow me to better service the growing need in the Princeton
market and beyond.”
CRESA Partners, 501 Forrestal Road, Princeton ForrestalCampus, Suite 208-D, Princeton 08540. Victor B. Murray, seniordirector. 609-452-8200; fax, 609-452-8388. Homepage:www.cresapartners.comTop Of PageExpansionsDragonfly Interactive, 2633 Main Street, Suite 202,Lawrenceville 08648. Rich Angermiller. 609-896-5960. Home page:www.dragonflyinteractive.comRich Angermiller has moved his website design company, DragonflyInteractive, from 164 Nassau Street to Lawrenceville’s Main Street andhas new phone numbers.Top Of PageStart-UpsAnurad Coaching, 3215 Ravens Crest, Plainsboro 08536.Allen Reminick. 609-716-4761; fax, 609-716-4760. Home page:www.anuradcoaching.comAllen Reminick, an executive coach for 15 years, has co-developed anassessment tool to help people map out the next phase in their careeror their life. He offers strategic planning with a proprietaryassessment tool to achieve success in career development, life skills,and leadership.”We are successful in helping people get on course with their goals,and we also have techniques for dealing with stress,” says a pressrelease. Anurad is Sanskrit for “star of success.”Top Of PageContracts AwardedPrinceton Power Systems Inc., 501 Forrestal Road,Forrestal Campus, Suite 211, Princeton 08540. Darren Hammell, CEO.609-258-5994; fax, 609-258-7329. Home page: www.princetonpower.comPrinceton Power Systems has landed a $250,000 grant from the NewJersey Economic Development Authority’s Springboard II Fund to adaptits existing prototype into a production prototype for industrial andcommercial use. PPS is developing electric power conversion technologyfor variable speed motor control, power quality, renewable anddistributed generation applications. Its product is an AC-link CleanPower Variable Speed Drive (VSD).The grant will help pay for parts, testing equipment, tools, and workhours needed to reduce the physical size of the prototype by 30percent, decrease manufacturing costs by an equal percentage, developindustrial communications capabilities, and add advanced controlfeatures. PPS will chip in $295,000 to help build two productionprototypes and perform three months of field testing in the secondquarter of 2005.”The AC-link Clean Power VSD has broad applicability for industrialautomation and energy savings,” says Darren Hammell, CEO of PrincetonPower Systems in a press release. “The EDA grant will allow us to makethe VSD widely available for applications that demand high reliabilitymotor control and clean power, in industries such as water/wastewater,commercial HVAC, textile, pharmaceutical, agricultural and chemical.”E-Speech, 448 Cherry Hill Road, Princeton 08540. MarianMacchi, co-founder. 609-683-4340; fax, 609-683-4360. Home page:www.espeech.comE-Speech has received a 2004 National Science Foundation SBIR grant todevelop software to teach reading. The software will be based on itsproprietary letter-to-phoneme rules.Co-founded by Marian Macchi and Dan Kahn, architects and developers ofBellcore’s Orator speech synthesizer, the company has released thesecond version of its name pronunciation software, billed as the mostaccurate name pronunciation software available. Focusing on businessand geographical terms, it is appropriate for speech recognition andtext-to-speech, and it supports popular phonetic alphabets. It alsohas launched a Latin-American Spanish synthesis system that speakspeople’s names with high sound quality.”I am really thrilled that we received this grant; it’s an SBIR (smallbusiness innovation research) grant, and I understand that somethinglike only one out of about 11 proposals actually get funding,” saysMacchi.Top Of PageManagement MovesGenmab Inc. (GEN), 457 North Harrison Street, Princeton08540. Lisa Drakeman, CEO. 609-430-2481; fax, 609-430-2482.www.genmab.comMatthew Dean is the new vice president of sales and marketing atGenmab, which is headquartered in Copenhagen but has its United STatesoffice on North Harrison Street. In his 19 years in the drug industry,Dean has worked at Ventiv Health, Wyeth, Ciba-Geigy and KnollPharmaceuticals.New Jersey Future, 137 West Hanover Street, Trenton08618. Barbara Lawrence, executive director. 609-393-0008.In December George S. Hawkins will replace Barbara Lawrence asexecutive director of New Jersey Future, a nonprofit civicorganization that advocates sustainable economy, environment, andsociety in New Jersey. Lawrence is moving, after 12 years, to work forthe Henry and Marilyn Taub Foundation in Teaneck.Hawkins has been executive director of the Stony Brook-MillstoneWatershed Association for seven years, and has built it into thelargest watershed organization in the nation.A graduate of Princeton University and Harvard Law School, he has alsoworked for the Environmental Protection Agency in Boston andWashington and as an attorney in private practice. He and his wife andtheir two children live on their sheep and chicken farm in LawrenceTownship.Top Of PageName ChangesAccelera Corporation, 3131 Princeton Pike, Building 2 B,Suite 200, Lawrenceville 08648. Ian Kelly, principal. 609-896-8404;fax, 609-912-0607. Home page: www.accelera.comKenexa’s name changed to Accelera when Accelera Corporation boughtKenexa’s Learning Solutions Group earlier this year. Earlier, whenthis company was located at Research Park, it was known as RaymondKarsan Associates.The Learning Solutions Group, a learning company for the life sciencesindustry, does patient education, pharmaceutical sales training, andcontinuing medical education, and it has 35 people at this location.Accelera is a licensee of Johns Hopkins University.ation, pharmaceutical sales training, andcontinuing medical education, and it has 35 people at this location.Accelera is a licensee of Johns Hopkins University.Corrections or additions?This page is published by PrincetonInfo.com— the web site for U.S. 1 Newspaper in Princeton, New Jersey.
