#b#Two Leases Signed At 600 Alexander#/b#
The law firm of Dumont & Watson has signed a lease to move in to 600 Alexander Road, while the financial services firm Klitzberg Associates has renewed its lease at the same location, according to CBRE, the real estate broker that negotiated on behalf of landlord Ivy Alexander Properties.
“These two transactions demonstrate ownership’s investment in the asset and the level of improvement since purchasing the building,” Doug Petrozzini, senior vice president with CBRE, said in a statement. “The property is one of the most sought-after office buildings in the Princeton market, as clearly demonstrated through this renewal with its oldest tenant and the continued demand from new tenants.”
Klitzberg Associates has been a tenant for more than 30 years. Dumont & Watson is relocating from 220 Alexander Street in Princeton. The law firm also signed a long-term lease, CBRE said.
Dumont & Watson, 600 Alexander Road, Box 3349, Princeton 08543-3349; 609-688-8400; fax, 609-688-9353. John H. Dumont, partner. www.dumontwatsonlaw.com.
Photocure, 104 Carnegie Center, Suite 303, Princeton 08540; 609-759-6500; fax, 609-799-0816. Kjetil Hestdal, president and CEO. www.photocure.com.
Photocure, a Norway-based company researching photodynamic technology, has moved to a different suite at Carnegie Center. The company’s technology, Photocure, uses light to detect and treat diseases such as bladder cancer.
McCarter Theater Center, 91 University Place, Princeton 08540; 609-258-6500; fax, 609-497-0369. Emily Mann, artistic director. www.McCarter.org.
The McCarter Theater Center, the arts organization connected to the theater, has received a three-year, $300,000 grant from the James E. and Diane W. Burke Foundation, one of the largest educational grants in the center’s history. The grant will support McCarter’s education and engagement programs.
“We’re so pleased to support McCarter in this way,” said McCarter trustee and Burke Foundation officer James Burke. “The arts have such meaning for me, and for the foundation, and have a larger role to play in the development of tomorrow’s citizens and leaders. The Burke Foundation is excited to partner with McCarter Theater’s Education and Engagement programs to bring the richness of the theatrical experience to children who would otherwise not be able to enjoy the magic of theater.”
“We salute the vision and the investment the Burke Foundation has made,” said McCarter Theater artistic director Emily Mann. “The support means that over the three-year period thousands of young people in the area will be able to have meaningful participation in the performing arts.”
The grant period’s first year will include an increase in support for initiatives offering arts access and participation to thousands of underserved students. Funding will be allocated to strengthen McCarter’s existing in-school programs, including those at Trenton Central High School, New Brunswick Regional Schools, Middlesex County Vocational Technical High School, Princeton Public Schools, and Trenton’s Grace Dunn Middle School, among others.
The funding will also allow McCarter to increase the number of fully-subsidized tickets to student matinees and provide bus funding to schools for whom transportation cost is a barrier to arts access. It will also increase scholarship funds, and help support new programming in partnership with community organizations including Eden Autism Services, Homefront, and Princeton Community Housing.
Dataram Corp. (DRAM), 777 Alexander Road, Suite 100, Princeton 08540; 609-799-0071; fax, 609-799-6734. David A. Moylan, CEO. www.dataram.com.
Dataram Corp., a computer hardware maker based on Alexander Road, has appointed David A. Moylan as CEO and president, effective June 8.
Moylan has served as the company’s interim president since January when he replaced John Freeman. Moylan will remain on Dataram’s board as its director and chairman.
“Dataram has implemented an aggressive financial and operational transformation of the company in order to establish a strong foundation for profitable inorganic and organic growth. We have demonstrated strong success in cost reductions, and are recognizing advances in sales activity. With the business re-aligned, we are turning our focus to profitably and growing the business — both organically and inorganically — to drive the next stage of Dataram’s evolution,” Moylan said in a statement.
“Dave has demonstrated deep operational and financial expertise, which has helped the company implement its aggressive and deep turn-around efforts,” said Rick Butler, a member of Dataram’s board of directors.
#b#New in Town#/b#
Bigcode LLC, 3525 Quakerbridge Road, Suite 6250, Hamilton 08619; 609-665-6981; www.bigcode.us.
Bigcode LLC, an IT staffing company, has opened an office in Ibis Plaza in Hamilton. The company provides temporary and part-time employees.
Knipper Healthcare Marketing Solutions, 1009 Lenox Drive, Suite 101, Lawrenceville 08648; 732-905-7878; fax, 732-905-0469; www.knipper.com.
Knipper Healthcare Solutions, a healthcare marketing company, has opened an office on Lenox Drive. The company, which was founded in 1986, is headquartered in Lakewood.
Maxis IT, 3575 Quakerbridge Road, Suite 203, Hamilton 08619; 877-629-4748; www.maxisit.com.
Maxis IT, a Metuchen-based computer consulting company specializing in life sciences enterprise software, has opened an office on Quakerbridge Road. Maxis also has an office in Hyderabad, India.
TransPerfect Translations Inc., 212 Carnegie Center, Suite 108, Princeton 08540; 609-378-3824; www.transperfect.com.
Transperfect Translation Services, a New York-based company founded in 1992, with offices around the world, has opened a location in Carnegie Center.
Vivid IT Corp., 3525 Quakerbridge Road, Ibis Plaza, Suite 5400, Hamilton 08619; 732-807-0044; www.vividitcorp.com.
Vivid IT Corporation, an IT consulting company, has opened an office in Ibis Plaza.
Sydney S. Souter, 84, on June 20. He was an attorney and organizer for two independent state banks and served as municipal judge in Princeton, East Windsor, and Montgomery townships.
Maryanne Bush, 68, on June 23. She was an owner and the president of Accurate Professional Billing of Bordentown, a volunteer with Big Brothers and Big Sisters, and the sponsor of several children through the Irish Political Prisoners Children’s Relief Fund.