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Nuveen Real Estate Leases Over 49,200 Square Feet To Trac Intermodal SiriusXM And USA Formulations

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LEASED

New Jersey

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Office98,400 SF
Leased 03/23/2026
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Property Image
LEASED

Nuveen Real Estate Leases Over 49,200 Square Feet To Trac Intermodal SiriusXM And USA Formulations

600 College Road East & 650 College Road East

See Similar Deals
Office98,400 SF
Leased 03/23/2026
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Summary

NEW JERSEY
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:98,400 SF
Transaction Type:Lease

The property asset involved in this lease transaction comprises office space totaling 49,200 square feet, located at 600 & 650 College Road in Princeton. The market is identified as Princeton, with Nuveen Real Estate serving as the landlord for this asset.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Landlord: Nuveen Real Estate
  • Tenant: Trac Intermodal, SiriusXM & USA Formulations
  • Broker: Todd Elfand & Kevin Carton - Cushman & Wakefield

This lease agreement reflects a significant commitment from tenants, with Trac Intermodal leasing 31,000 square feet, SiriusXM taking 14,500 square feet, and USA Formulations utilizing 3,700 square feet. The representation of the landlord by brokers Todd Elfand and Kevin Carton from Cushman & Wakefield underscores the demand for well-appointed office environments.

Players

Kevin Carton
9 deals$224M volume
BROKER

Todd Elfand
Cushman & Wakefield
9 deals$224M volume
BROKER

LANDLORD


TENANT

Details

LEASED
IMAGE: Todd Elfand & Kevin Carton DATE: 03/23/2026 ADDRESS: 600 & 650 College Road MARKET: Princeton ASSET TYPE: Office ~ SF: 49,200 LANDLORD: Nuveen Real Estate TENANT: Trac Intermodal, SiriusXM & USA Formulations BROKERS: Todd Elfand & Kevin Carton - Cushman & Wakefield (@CushWake) NOTE: Nuveen Real Estate signed more than 49,200 square feet of leases at Princeton Point in Princeton, including 31,000 square feet for Trac Intermodal, 14,500 square feet for SiriusXM, and 3,700 square feet for USA Formulations.Cushman & Wakefield brokers Todd Elfand and Kevin Carton represented the landlord, reflecting continued demand for renovated, amenity-rich office space.

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Deal Type
Effective Rent (Annual)

$5,640,228.62

Total Lease Value

$56,402,286.21

Net Landlord Cash Flow$5,640,228.62