Hilton Realty Company LLC Acquires Princeton South Corporate Center In Ewing New Jersey
100 Princeton South Corporate Ctr & 200 Princeton South Corporate Centre
Building Size
535,660 SF
Asset Type
Office
Closing
Nov 19, 2025
AI
The sale involves the Princeton South Corporate Center, a two-building office complex located at 100 & 200 Princeton South Corporate Centre in Ewing, NJ. The asset encompasses a total of 267,830 square feet and spans over 12.2 acres. The property is currently 52% leased and is situated within a six-building campus at the intersection of I-295 and US-31, which provides significant access to labor pools in both Central NJ and Bucks County, PA.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Undisclosed
- Buyer: Hilton Realty Company LLC
- Brokers: Jose Cruz, Jeremy Neuer, Michael Kavaler & Thomas (Tom) Romano - JLL
- Date of transaction: 11/19/2025
JLL Capital Markets executed the arrangement of the sale, representing the institutional seller in this transaction. The team that facilitated the deal includes the brokers Jose Cruz, Jeremy Neuer, Michael Kavaler, and Thomas (Tom) Romano, who worked to secure Hilton Realty Company as the buyer for the property.
Players
Princeton Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93