Jahan Moslehi Of Bridge33 Capital Acquires Nassau Park Pavilion In Princeton From David Lukes Of SITE Centers

The Nassau Park Pavilion is a retail asset located at 510 Nassau Park Boulevard, Princeton, New Jersey. This property encompasses 760,765 square feet and is situated in a robust market area. It includes notable tenants such as Wegmans, Target, Home Depot, Five Below, and Floor & Décor, contributing to its appeal as a grocery-anchored shopping center.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not specified
• Address: 510 Nassau Park Boulevard
• Market: Princeton
• Square Footage: 760,765
• Buyer: Jahan Moslehi - Bridge33 Capital
• Seller: David Lukes - SITE Centers
• Brokers: Chris Munley, Colin Behr, Ryan Sciullo & Casey Benson Smith - CBRE

Bridge33 Capital acquired the property from SITE Centers, with CBRE representing the seller. The transaction reflects a strong demand for supermarket-anchored retail assets in the Northeast and Mid-Atlantic regions, which are viewed as having both immediate and long-term value-add potential.