-Leasing Activity Remained Strong in 2008 at American Metro Center-

HAMILTON, N.J., – This past year, American Metro Center, located at 240 Princeton Avenue in Hamilton, New Jersey was one of the most active new developments in the region.

Owned in a partnership of Meritage Properties LLC., and Lincoln Equities Group; American Metro Center offers the most cost effective leasing options in the New York, New Jersey and Pennsylvania corridor. In an otherwise challenging year, American Metro Center closed approximately 65,000 square feet of leases in 2008.

Among the notable transactions completed at American Metro Center in 2008 include:

• Michael Baker Jr. Inc., an engineering unit of Michael Baker Corporation (Amex:BKR), leased 31,633 square feet;
• MACTEC Engineering and Consulting, Inc., expanded its existing 12,990-square-foot footprint by 2,482 square feet, bringing their total square footage to 15,472;
• Infobase Publishing Inc, one of America’s leading providers of supplemental educational materials to the school and library markets, leased 11,196 square feet;
• Structure Tone expanded their occupancy by 4,505 square feet, bringing their total square footage to 6,987.

“We are extremely pleased with the leasing performance at American Metro Center this past year,” stated Andrew Nathan, principal of Meritage Properties LLC. “As one of the most unique office environments in the region, American Metro Center’s exceptionally competitive lease terms and highly strategic location continue to attract and retain an outstanding roster of prestigious tenants.”

American Metro Center is a 485,000-square-foot, three-building multi-tenanted Class A office complex located at the southern end of the Princeton/Route 1 corridor. Situated on 112 acres, American Metro Center is adjacent to the Hamilton train station on NJ Transit’s Northeast Corridor line.  The property is within one mile from Exit 65 on I-295/95 offering convenient access to Trenton, Princeton, Philadelphia and New York City.  American Metro Center is robust with amenities and features a full service cafeteria, fitness center, conference center, and ample parking.

“American Metro Center, which is located in the prestigious Princeton submarket, has been able to consistently outperform the local marketplace,” said Dan Ackerman, senior director of leasing for Lincoln Equities Group.  “The property’s convenience to major highways and extraordinary mass transit accessibility, along with its world-class amenities, set this office complex apart from every other development in the region. With tenants today demanding more than simply the basic amenities, American Metro Center continues to maintain a competitive advantage to firms desiring a cost-effective Central New Jersey location that is convenient to New York and Philadelphia.”

Other tenants at American Metro Center include Consolidated Services Group, an industry leader in the medical claims solutions industry; Flaster Greenberg P.C., an innovative legal solutions law firm; Hase/Schannen Research Associates, a market analysis, research service, and marketing consultant firm; and Headwaters, Inc., a world leader in creating value through innovative advancements in the utilization of natural resources.

"As more and more tenants face bottom line pressures in this challenging economy, American Metro Center is expected to attract increased tenant interest,” stated Joel Bergstein, president of Lincoln Equities Group. "Due to the asset's tremendous value proposition, we anticipate more broker and tenant activity at American Metro Center throughout 2009."

Current availability at American Metro Center includes approximately 120,000 square feet of space with a contiguous block of 85,000 square feet.