| MEDITECH MEDIA LTD. LEASES 11,750 SQUARE FEETOF OFFICE SPACE AT AMERICAN METRO CENTER IN HAMILTON, N |
| Written by Greg Eliason |
| Wednesday, 23 February 2011 15:01 |
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Medical Communications Company Relocates To Central New Jersey's Most Exciting New Office Complex HAMILTON, N.J., MediTech Media (TM) has leased 11,750 square feet of office space at American Metro Center (AMC), located at 240 Princeton Avenue in Hamilton, New Jersey, it was announced today. Owned in a partnership of Meritage Properties LLC. and Lincoln Equities Group, AMC offers the most cost effective office leasing options in the New York, New Jersey and Pennsylvania corridor. Andrew Nathan, principal of Meritage Properties LLC stated, "Coming off of a strong 2008, we are pleased with the continued leasing activity at AMC in the new year. Due to AMC's highly competitive lease terms and strategic location, tenants recognize the tremendous value and work environment offered at AMC. We are thrilled to add MediTech Media (TM) to our outstanding roster of prestigious tenants at AMC." Daniel S. Ackerman, senior director of leasing for Lincoln Equities Group, represented the landlord in this transaction, while CB Richard Ellis represented the tenant, MediTech Media (TM). 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, featuring a full service cafeteria, fitness center, conference center, and ample parking. "MediTech Media (TM) is a perfect example of another tenant, currently in Princeton, which opted to relocate to AMC because of its strategic location in the prestigious Princeton submarket, world-class amenities and exceptional value proposition," said Mr. Ackerman. "The property's convenience to major highways and extraordinary mass transit accessibility set this office complex apart from every other development in the region. Tenants are demanding more than simply the basic amenities today, which gives AMC a competitive advantage among tenants desiring a cost-effective Central New Jersey location that is convenient to both New York and Philadelphia." Other tenants at AMC 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; Rosetta, LLC, a provider of personality-based marketing services; and, Medavante Inc., a pharmaceutical services organization which administers psychiatric drug trials. "As more and more tenants face bottom line pressures in this challenging economy, we expect AMC to attract increased tenant interest," stated Joel Bergstein, president of Lincoln Equities Group. "We are in a position to aggressively meet tenants' financial and operating needs and anticipate activity to remain strong as a result." The current availability at American Metro Center is approximately 106,000 square feet of space, which includes a contiguous block of 85,000 square feet. |