King Interests, a company with commercial real estate, property management, and construction groups, has expanded its office from 219 to 247 Nassau Street and has hired Victor Murray, right, to its real estate division.
Murray, a professional property manager and a 35-year veteran of Princeton area real estate, worked most recently as senior vice president of Cresa, where he specialized in representing corporate tenants for the past 11 years. His relationship with King Interests owner Bill King goes back to the 1980s when Murray owned his own firm, the Victor Company, where he represented corporate tenants. At the time, King represented the owners of the Carnegie Center office park, and the two often found themselves on opposite sides of the negotiating table.
“Bill and I got to know each other quite well, and I had a high regard for him,” Murray said. He said that he was recently approached by Bill King and his son, Stephen, to see if he would be interested in joining their company.
“All the years that we have been in the market as a commercial landlord at Carnegie Center, Vic Murray was always one of the best commercial brokers to deal with because of his professionalism in thoroughness and follow through. We have been trying to convince Vic to join us for 14 years and are glad to finally welcome him to the team,” Bill King said in a press release.
Murray said he expects to do a variety of jobs in his new role and be involved in construction management, business generation, development, and other aspects of commercial real estate. He said he sees a bright future in property in the Route 1 Corridor.
Murray says he sees a new focus on live-work environments located in or near transit communities, academic institutions and town-centric work environments. “We’ve seen corporate office parks attempt to evolve into their own town centers and for those in close proximity to residential, public transportation hubs, on-site/nearby restaurants and shopping, some have been more successful than others,” Murray said. “If recreational, fitness, and entertainment venues aren’t readily available, developers and investors alike have seen the benefits of providing such as key components to attracting and retaining tenants.”
King said from an investment perspective, the Princeton Shopping Center and Princeton North developments were good examples of revitalized properties. “These are the new meeting places where business luncheons, after work gatherings, and summer concert series follow suit with what has been occurring in downtown Princeton and corporate office parks like Carnegie Center,” he said.
King Interests, 247 Nassau Street, Princeton 08542; 609-921-1331; fax, 609-921-0026. William F. King III, president. www.kinginterests.com.
#b#New Director at Public Library#/b#
Brett Bonfield has been selected to be executive director of the Princeton Public Library in a vote in which three library trustees abstained.
Bonfield, who previously ran the Collingswood public library in Camden County, emerged at the front of a field of 25 candidates found by Assisting Library Strategies International LLC. A graduate of Rutgers and Drexel, Bonfield, 45, also has worked in libraries at three Philadelphia universities, Penn, St. Joseph’s, and Temple.
No one voted against Bonfield, but board members Ruth Miller, Audrey Gould, and Pamela Wakefield abstained, raising eyebrows among some library supporters who believe that the library staff was not overwhelmingly enthusiastic about the choice.
He will start the $128,000-a-year job on January 19, succeeding Leslie Burger, who is retiring after 16 years on the job. The library is about to begin a renovation of the building’s second floor.
#b#Changes at TDA#/b#
Iana Dikidjieva, the director of community development at the Trenton Downtown Association, has been tapped to serve as interim director of the group following the departure of Christian Martin.
Martin, who was with the TDA for more than three years, is leaving to become founding director of the Lower Polk Community Benefit District in San Francisco.
The nonprofit was founded in 1967 and organizes events throughout the year, most notably the Patriots Week festival.
NXLevel Solutions, 57 Hamilton Avenue, Suite 300, Hopewell 08525; 609-466-2828; fax, 609-466-4322. Pete Sandford, executive vice president. www.nxlevelsolutions.com.
NXLevel Solutions, a training software company, has hired Daniel O’Connor to lead its PharmaCertify division. O’Connor previously was a consultant to NXLevel, which has an office on Hamilton Avenue in Hopewell.
“We have a longstanding relationship with Dan, and we’re delighted to bring him aboard to lead our PharmaCertify business,” said NXLevel Solutions executive vice president Pete Sanford. “We’re excited about Dan’s passion and vision for how we can bring even greater value to our clients with our PharmaCertify offering.”
#b#New in Town#/b#
Stellaware, 3635 Quakerbridge Road, Suite 1, Hamilton 08619; 609-981-7293; Todd Painter. www.newhire.stellaware.com.
Stellaware, a company that performs administrative services on behalf of the state of New Jersey, has opened an office on Quakerbridge Road.
eVenus Pharmaceutical Laboratories Inc. , 506 Carnegie Center, Suite 100, Princeton 08540; 609-395-8625; fax, 609-395-8352, www.eVenusPharma.com.
eVenus Pharmaceutical Laboratories has moved from Duncan Drive to Carnegie Center. The company is a subsidiary of Jiangsu Hergrui Medicine, a Chinese firm.
LeadingAge New Jersey, 3705 Quakerbridge Road, Suite 102, Hamilton 08619; 609-452-1161; fax, 609-452-2907. Michele K. Guhl, president and CEO.
LeadingAge New Jersey, a publisher of a senior services directory, has moved from Roszel Road in West Windsor to Quakerbridge Road in Hamilton.
Venstrat LLC, 252 Nassau Street, Suite 200, Princeton 08542; 609-924-2813; fax, 609-681-5034. George Papaioannou, president. www.venstrat.com.
Venstrat, a business valuation and M&A consulting firm, has moved from 182 to 252 Nassau Street. The firm is run by George Papaioannou, a 20-year veteran of securities analysis, business valuation, and strategy development.
Eleanor Margaret (Peggy) Hughes Fulmer, 82, on November 18. She was a well known real estate agent in the Princeton area, most recently with Callaway Henderson Sotheby’s International Realty. She was also a board member of the Princeton Symphony Orchestra, and a former board member of the Hun School. Services will be held Monday, December 7, at 11 a.m. at St. Charles Borromeo Church in Skillman.