Residential & Mixed-Use
Lower Pyne
92 Nassau Street, Princeton, NJ 08540
Princeton's most iconic building, located at the intersection of the intersection of Nassau Street and Witherspoon Street, and directly across from the main entrance to Princeton University. The building is 100% occupied across 5,668 square feet of retail and 6,436 square feet of office. Hamilton Jewelers has anchored the property for decades and the building benefits from exceptionally low turnover.
Thompson Assemblage
195 Nassau Street, Princeton, NJ 08540
The Thompson Assemblage (195 Nassau Street, 9-11 Charlton Street, and 13 Charlton Street) is a 0.61-acre, 5-building contiguous portfolio bound by Princeton University on all three sides. The assemblage constitutes one of the largest portfolios in downtown Princeton and includes retail, office, and residential spaces. The blue victorian building served as the childhood home of Bryce Thompson IV, whose grandfather built the house in 1885; during a storied career of 63 years, Bryce Thompson IV became New Jersey's largest private landowner. Princevest is honored to carry on the legacy of the Thompson family and hopes to give the properties another successful century or two. Current plans call for the construction of 45 apartments (9 of which will be deeded affordable) across four floors situated on top of a parking podium located in the interior of the site.
Bordentown Portfolio
Bordentown, NJ
Bordentown (the "Little City with a Lot of Charm") is a vibrant, picturesque, historic community situated at the confluence of the Delaware River, Blacks Creek, and Crosswicks Creek conveniently located between Princeton, Trenton and Philadelphia. Princevest's Bordentown Portfolio comprises 30,000 square feet of retail, office, medical and residential commercial property, in addition to the largest residential development site in downtown Bordentown. Tenants within the commercial property portfolio include Farnsworth Avenue favorites such as Tindall Road Brewery and the Francis Hopkinson House (a National Historic Landmark). Built in 1750, the Francis Hopkinson House was the home of Founding Father Francis Hopkinson: the designer of the United States Flag; a signer of the Declaration of Independence; and the inventor of a floating lamp and an improved method for gassing ascension balloons. Hopkinson lived in the House from 1774 until his death in 1791. The building is three stories and exterior architectural features include: a center entrance sheltered by segmented hood supported by Italian brackets; a steep-sloped gambrel roof pierced by three dormers with molded tops echoing the entrance hood; a main facade five bays wide; sash windows arranged symmetrically around the entrance; and the original courtyard with sidewalk access and enclosure from the home's interior covered porch. The House was to be burned by the British during a military action in 1778 but was spared by a Hessian officer's appreciation of Hopkinson's library. The building has been converted for commercial use, but Princevest offers tours to interested parties with advanced notice.
Gateway Portfolio
Greater Princeton Area
A collection of retail, office, medical and residential properties situated on the major roads leading to and from Princeton, NJ. These assets have locations ranging from Princeton proper to its surrounding municipalities such as West Windsor, NJ and Lawrence, NJ. All the Gateway Portfolio properties offer excellent visibility, ample parking for occupants, and convenient access to high-traffic roads such as US Route 1, I-295 and US-206. Tenants include nationals such as Coldwell Banker and Farmers Insurance Group, and local groups such as Bryn Mawr-Wellseley Books and the Center for Spiritual Living.
International Townhouses
Philadelphia, PA
A tightly managed portfolio of 50+ townhouses in the 5th largest city in the United States. The investment strategy is to locate properties with high cap rates in neighborhoods with good employment growth, utilizing scale to minimize management, repair, and maintenance costs. An in-house management team provides cost savings and quick response to tenant issues. At-cost repairs and maintenance, low management fees, and low vacancy rates allow additional cash flow to be redirected to assiduous value-add improvements.
Princeton
Life Sciences Building
16 Chambers Street, Princeton, NJ 08540
16 Chambers Street was the original firehouse of Mercer Engine Company No. 3. Princevest purchased the property in September 2019 (then vacant) and multi-tenanted the building for the next phase of its life as a life sciences center. New tenants include a Google-backed women's healthcare clinic and The Center For Anxiety. The building is situated between Graduate Hotel (a new luxury 180-room hotel) and the PRINCO Building (offices of Princeton University's $34 billion endowment).
The Gillespie Building
3450 Princeton Pike, Lawrenceville, NJ 08648
3450 Princeton Pike is a mission critical headquarters for the United States Geological Survey (USGS) and serves as home for an adult daycare community and physical therapy center. The USGS headquarters includes multiple laboratories, chemical storage, publication offices, and a board room. In addition to supporting national research functions for the USGS, 3450 Princeton Pike houses the Water Science Center, the only hub of the USGS Water Research Discipline in New Jersey. The entire building facade is dark grey slate, giving the property unique architectural appeal and an outstanding sustainability profile.
A full list of our residential & mixed-use properties is available upon request for appropriate parties.
Shopping Centers
Principals of Princeton Investment Group collectively hold interests in over 40 properties containing more than 2,500,000 square feet owned & managed by Princevest, Heidenberg Properties, Cornerstone Properties, and Lerner Properties.
Imperial Plaza
3400 Aramingo Avenue, Philadelphia, PA
Imperial Plaza is a 126,358 square foot open-air shopping center with national retailers such as Ross, IHOP and Wells Fargo. Situated in the heart of Northeast Philadelphia, the property is readily accessible from I-95 and marks the center of the dominant retail corridor.
Deer Park
20-74 Deer Shore Square, North Babylon, NJ
Deer Park is a 61,437 square foot open-air shopping center anchored by Michaels and Dollar Tree. It is well located at a traffic light along the heavily trafficked Deer Park Avenue and possesses great visibility and two large pylon signs.
Denville Square
2-28 West Main Street, Denville, NJ
Denville Square was acquired in 2006 and consists of 38,827 square feet anchored by Walgreens, Starbucks and Moe's Southwest Grill. The property benefits from exceptional demographics (48,727 people within 3 miles with an average household income of $135,642), ample parking, and excellent hard corner visibility.
Plaza 114
73 Winthrop Avenue, Lawrence, MA
Located on busy Route 114, near the intersection of Interstate 495 in Lawrence, Massachusetts, Plaza 114 is home to numerous national and regional tenants, including Bank of America, Santander, Advance Auto Parts, Family Dollar, Rainbow Shops and many more. Massachusetts Registry of Motor Vehicles recently expanded to a new location from within the Center, as did existing tenant, Lawrence Family Health.
Kohl's At
Staten Island
2239 Forest Avenue, Staten Island, NY 10303
Kohl’s and Lowe’s share this dominant big-box center on Forest Avenue, one of the major retail corridors on Staten Island. Surrounding retailers on Forest Avenue include Home Depot, ShopRite, United Artist Theatres, and Firestone Tire.
Aramingo Plaza
3500 Aramingo Avenue, Philadelphia, PA 19134
Aramingo Plaza is a 64,181 square foot shopping center located at the intersection of Aramingo Avenue and Venango St. The shopping center is anchored by Forman Mills. Additional national and regional tenants include AT&T, Checkers, Citizens Bank, and Visionworks. Situated in the heart of Northeast Philadelphia, the property is readily accessible from I-95 and marks the center of this dominant retail corridor.
Thompson Square Mall
4058 Route 42 North, Monticello, NY 12701
Thompson Square Mall is a 123,219 square foot shopping center located in Monticello, New York. The shopping center includes a 54,300 sf ShopRite, a recently opened Marhsalls, a 123,000 sf Home Depot shadow anchor, and adjacent Town Hall. The center is strategically located north of the major intersection between Routes 42 and 17, with a combined traffic count of approximately 38,000 vehicles per day and signalized access from Route 42. Marshalls, Middletown Medical and Subway are taking advantage of the area’s rebirth from transformative new developments including the Resorts World Catskills Hotel & Casino, the Kartrite Hotel and Indoor Waterpark, the Veria Lifestyle Wellness Resort located on the grounds of the former Kutsher’s Hotel, the new Catskills Urgent Care Center and many more positive developments planned to open in the near future. The Monticello Motor Club, the Monticello Raceway and Casino, camps, hotels, and cottages continuously provide recreational and multi-seasonal second home appeal to the trade area.
Mount Pocono Plaza
3236 Route 940, Mount Pocono, PA 18344
Mount Pocono Plaza is a 198,512 square foot shopping center located on Rt. 940 in Mount Pocono, Pennsylvania. Ollie’s Bargain Outlet, Planet Fitness, Weis Market and Dollar Tree anchor the plaza complemented by a strong collection of national and local tenants including McDonald’s, Wells Fargo, Rent-A-Center, Rainbow Shops, Subway, GameStop, Pet Valu, Cricket Wireless, nail salon, and a pizzeria. In addition, the center shares a busy traffic signal intersection with Walmart and Lowe’s. Mount Pocono Plaza is surrounded by year-round world-class resorts including Kalahari Resorts and Convention Center offering 977 resort rooms, an indoor waterpark and spas and is conveniently located approximately 1 mile west of the Plaza as well as Mt. Airy Casino Resort, Camelback Mountain Resort, and Great Wolf Lodge. Conveniently located near local schools and amongst residential neighborhoods, the center is an attractive and highly desirable location.
The Potomac
Marketplace
217 Oak Lee Drive, Ranson, WV 24538
Potomac Marketplace is a 378,576 sf retail center which boasts an array of national and destination retailers strategically located just one mile from the Hollywood Casino at Charles Town Races, a premier casino and thoroughbred horse racing complex with over three million visitors annually. The center is the dominant retail property in Ranson-Charles Town MSA, a bedroom community of Washington, DC and the Dulles/Reston, Virginia Tech corridor with strong demographics and growth history. The center has a strong tenant roster anchored by Home Depot, Kohl’s, Petco, Marshalls, Weis Markets, and Weis Gas complimented by casual dining including Panera Bread, Roy Rogers, Dunkin’ Donuts-Baskin Robbins, California Tortilla, Glory Days Grill, Ledo Pizza, and Subway. In addition, the center provides a strong collection of service based tenants including Valley Health Center, Electra Vision, Hair Cuttery, City National Bank, State Farm, and Executive Cleaners.