18 South Middlesex Avenue
Cranbury, NJ
ACQUIRED
January 1996
SOLD
December 1997
SQUARE FOOTAGE
220,000
TYPE OF BUILDING
Distribution
This single tenant property, previously owned by Bridgestone Firestone, was acquired by Cambridge Hanover in 1996 after the previous investor/developer Bridgestone Firestone contracted with could not perform. With General Electric in hand to lease a portion of the property, Cambridge Hanover completed the transaction, immediately addressed GE’s tenant improvements, and converted the building into a multi-tenant facility, also leasing the space to Hann & DePalma, a pharmaceutical fulfillment company. In 1997, Cambridge Hanover sold the property.