Guardian Realty Acquires Property At 1 Independence Way Princeton For $19.5M From Normandy Real Estate Partners

1 Independence Way is a 113,998-square-foot office property located in Princeton, New Jersey. The property was sold for $19,500,000.00 and was 100 percent leased at the time of the transaction to S&P Global and Trimble MAPS.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $19,500,000.00
• Address: 1 Independence Way, Princeton, NJ
• Market: Princeton
• Buyer: Guardian Realty
• Seller: Normandy Real Estate Partners
• Brokers: Kevin Welsh (Newmark), Brian Schulz (Newmark), Chuck Kohaut (Newmark), Steve Tolkach (Newmark)

The brokerage team from Newmark, including Kevin Welsh, Brian Schulz, Chuck Kohaut, and Steve Tolkach, represented Normandy Real Estate Partners in the transaction while facilitating the sale to Guardian Realty.