Cushman & Wakefield said Thursday it arranged the sale of 800 North Road, a 31,519-square-foot former daycare center in Hopewell.
The Newgrange School of Princeton purchased the site and has plans to expand and create a new learning environment for students.
Cushman & Wakefield’s Todd Elfand and Kevin Carton along with the New Jersey’s Capital Markets team represented the seller, CF Hopewell CC&L LLC. The buyer was represented by Mercer Oak Realty LLC.
“This site provides a unique opportunity for the Newgrange School of Princeton,” said Elfand. “The property is a fantastic fit for the school’s needs and the optimal location will offer more accessibility to current and future students.”
800 North Road is located on the Princeton Place at Hopewell site, which is home to Merrill Lynch/Bank of America, Horizon Blue Cross, Bank of New York Mellon, J&J, Cenlar and Geosyntec. The single-story brick and glass property includes 112 parking spaces and is just off a four-way interchange along Interstate 95. Built as a LEED facility in 2001, the property is 8 miles from Princeton University.