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Monday 8am - 6pm Tuesday 8am - 6pm Wednesday 8am - 6pm Thursday 8am - 6pm Friday 8am - 6pm Saturday 8am - 12pm

Fennelly Associates

Name: Fennelly Associates
Address: 200 Whitehead Road, Ste 222, Hamilton Township, NJ, 08619, US
Telephone: +16095200061
Price range: $$

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One of NJ and PA's most experienced and successful full-service CRE solutions providers - we solve difficult Commercial Real Estate problems

Since 1986, Fennelly Associates has taken a strategic and data-driven approach to provide flexible solutions that drive results for clients of every size and asset class. A leader in market research and leveraging the latest real estate technologies, Fennelly Associates provides its local, regional and national client base with unmatched expertise that helps them achieve their goals in an ever-changing and competitive real estate market.

11/05/2026

Lab-ready buildings near the Princeton Junction train line do not come along often. 195 Clarksville Road just did.

It is a 52,778 SF two-story building on 5.1 acres, zoned ROM4 Research Development. It already has 2,400 amps of power and a backup generator. Compressed air lines run through the building.

Over the years, I have watched companies try to convert ordinary office space for lab use. The power upgrade is usually where the schedule slips. At 195 Clarksville, that work is behind you.

Two overhead doors handle loading. Ceilings reach 12'6", and there is parking for 161 cars. Route 1 and Turnpike Exit 8A are a short drive, and NJ Transit's Northeast Corridor line serves the station.

R&D, lab, light manufacturing, assembly and office users all fit the zoning.

Harrison Westfall and I are showing the building now. If your company has outgrown its space in the Princeton corridor, call me at 609-520-0061.

11/02/2026

Are you leasing your commercial space when you could be building equity?

In the greater Princeton market, approximately 25% of companies choose to buy their buildings rather than lease. From growing enterprises and tech firms to local hospitals and non-profits, businesses are discovering that ownership provides unmatched stability and long-term value.

Watch the video as Jerry Fennelly shares insights into why the Princeton real estate market offers unique opportunities for owner-occupants of all sizes.

Need expert guidance on your next commercial real estate move?

Reach out to the team at Fennelly Associates!
https://www.fennelly.com/contact-us/

10/31/2026

Happy Halloween from the Fennelly Associates team!

Every vacant storefront looks a bit spookier this time of year. If yours has been sitting empty, let's fix that before it becomes a permanent haunted house.

10/30/2026

Since 2020, Princeton office vacancy has never dropped below 19% or climbed above 25%.

Plenty of people expected the pandemic to empty this market. Six years of data tell a steadier story.

Net absorption has been positive every single year. The high point came in 2022 at 1,187,970 SF, when vacancy dipped to 19.2%. Vacancy peaked at 24.46% at the end of 2024.

In the first half of 2026, the market absorbed 362,095 SF. That is already 80% of the full 2025 total, and vacancy eased to 23.20% from 23.37% at year-end.

What changed is the size of each deal. Hybrid work is now permanent, and companies lease less space per employee. The average transaction this half was 7,761 SF.

The market keeps absorbing space in smaller pieces. For an owner, that means more tenants to fill the same floor.

How many tenants would it take to fill your vacant space today? That number is worth knowing before your next lender meeting.

10/28/2026

2000 Waterview has first -floor space totaling 8,890 square feet, with 3,250 square feet available and another 5,640 square feet becoming available this November, both are plug-and-play furnished spaces.

1000 Waterview has 3,200 sf on the first floor,7,500 sf on the second and 20,000 sf of Bio diagnostic labs with hoods, benches, and refrigerators.

The building includes a fitness center, centralized 100 person conference room, two elevators, and 412 surface parking spaces. It sits at Route 130 and Interstate 195, near NJ Turnpike Exit 7A.The live-work concept is on site with over 150 new apartments delivered. This office building has it all: amenities, location, live, work, and stay .

Take a virtual tour: https://www.fennelly.com/properties/2000-waterview-drive-2/

10/27/2026

What’s the real story behind the "distressed office buildings" everyone keeps hearing about?

In the greater Princeton market, 22 million out of 26 million square feet of office space remain strong. While 3.6 million square feet are working through distress, lenders are stepping in to clean up properties and clear out non-performing borrowers at a discount—opening doors for smart investors and occupiers.

We specialize in solving complex commercial real estate challenges in Princeton.

Learn more or get in touch with Jerry Fennelly at fennelly.com!

10/26/2026

Medical occupiers absorbed 175,071 SF of Princeton office space in the first half of 2026. Not one of them downsized.

That is nearly half of all the growth, spread across 14 transactions with zero contractions.

Compare that with the tech, AI, and electronics category. It also recorded 14 deals, yet net growth came to just 3,134 SF because most of those companies were rightsizing.

Capital Health led the half with 72,000 SF at 275 Phillips Blvd. in Ewing, plus another 12,000 SF for its OB-GYN practice. Anasen Health and The Living Room Behavioral Health also added space.

The longer story is on Sloan Avenue. CHOP acquired the former AMC theater site with plans for a cancer center of up to 700,000 SF. Physicians, practices, and research groups tend to cluster near a facility like that.

If you own office or flex space near Route 1 and I-295, medical tenants belong on your target list. I create commercial real estate solutions for companies,Medical practices in Central NJ.

10/24/2026

I attended the Princeton Innovation event at the Frisk lab. I heard speeches from Jennifer Rexford, Provost, and Craig Arnold, University Innovation Officer, who discussed how Princeton University rolled out 25 new companies this year.

Jason Ren also spoke about leading Lithium extraction research. Lithium is used in battery and is a national security issue since China produce's the majority of the finished lithium -ion batteries. Jason spoke about Argentina and Chile as primary producers of the raw chemical element through evaporation methods in salt flats.

At the event, I also met with Gene Mancino, someone I canvassed over the last 40 years. It was great to catch up.

This event is educational and really focuses on the sciences of Princeton University

What I learned is ....Princeton University is dedicated to identifying global problems and searching for the solution.

10/23/2026

This week I attended my 20th SIOR Convention in NYC. It was great to see my brother, Pete, who flew in from South Carolina. Made some great connections and there was lots to learn.

There was quite the line up the first day: the Rockettes were first, followed by Chris Christie, former Governor of NJ.

More events, more learning about AI and best corporate real estate practices.

10/23/2026

When was the last time you checked the zoning on your property?

In New Jersey, 564 municipalities set their own zoning rules, and any of them can amend an ordinance in a single meeting. The courts and state agencies change the rules too. In January 2026, NJDEP adopted new flood standards that now require substantial improvements in tidal flood areas to sit four feet above FEMA’s base flood elevation.

If you own or lease commercial space in Central New Jersey, the rules that applied last year are worth reconfirming. Our latest blog explains where these changes come from and why they move on different timelines.

Read it at https://www.fennelly.com/why-commercial-real-estate-rules-in-new-jersey-keep-changing/

Address

200 Whitehead Road, Ste 222
Hamilton Township, NJ
08619

Opening Hours

Monday	8am - 6pm
Tuesday	8am - 6pm
Wednesday	8am - 6pm
Thursday	8am - 6pm
Friday	8am - 6pm
Saturday	8am - 12pm

Telephone

+16095200061

Website

http://www.Fennelly.com/

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