The Princeton office market’s largest transit oriented office complex
American Metro Center consists of three interconnected buildings totaling 487,065 square feet immediately adjacent to the Hamilton Train Station and connected by a dedicated footbridge. This train station is located midway between New York City and Philadelphia along the primary Northeast Corridor rail line. The Property is enhanced by open greenways, sidewalks, on-site cafeteria, and a fitness center.
Strength of the Princeton Route 1 Corridor
American Metro Center’s submarket boasts the highest class A rental rates ($33.34 psf) and the lowest class A vacancy rate (10.5%) in suburban New Jersey. The submarket’s appeal is due to its talented labor pool, excellent demographics and convenient access to major roadways, as well as the cache of the highly regarded Princeton University (8 miles away).
Labor intercept site
American Metro Center’s location is of primary importance due to the fundamental change taking place as leasing momentum has shifted down along the I-295/95 Corridor. Due to dense development and traffic congestion along Route 1, corporations have been relocating south to American Metro Center and other properties along the I-295/95 beltway. This location can shorten employee commute times by as much as 30 minutes, especially for those traveling from Bucks County, Pennsylvania.
Unique asset with a blend of historical and modern improvements that is not easily replicated
Features from American Metro Center’s historic factory origins have been retained and blended with modern improvements and include terracotta tile exteriors, mosaic design work and soaring ceiling heights as high as 18’. Exposed brick walls, open ceilings with exposed duct work, and massive windows and skylights that flood the spaces with natural light combine to create a contemporary, loft feel.
Efficient building design
American Metro Center’s building design provides tenants with individual entrances and signage with minimal common areas and a very low loss factor. Further, each tenant is individually metered for lights, plugs and dedicated HVAC package units. The Property recently earned ENERGY STAR designation with a rating of 78 in 2012 and all base building systems are less than 8 years old.
Significant tenant investment in spaces
American Metro Center’s unique improvements go beyond providing strictly functional Class A office space to providing a foundation on which tenants have built truly unique work spaces that express their personality, engage employees, attract the region’s best and brightest, and impress clients. Multiple tenants in the building, including Xerox, Rosetta, Medavante, Meditech Media and AMEC (MACTEC), among others, have invested significant money into their space and have a history of renewal and expansion at the Property.
More than 400,000 square feet of absorption since redevelopment
The demand for space at American Metro Center has enabled its owners to transform the Property from a vacant, historic factory to a 90% leased, fully redeveloped Class A office complex in just seven years.