Cammeby's International Group Announces Two Lease Transactions at Hamilton Business Center

HAMILTON, N.J., March 17, 2011 /PRNewswire/ -- Rubin Schron, founder of commercial and residential developer and owner Cammeby's International, today announced that two lease renewals have been signed, totaling more than 17,700 square feet of space, at Hamilton Business Center in Hamilton, NJ.

Carpenter Emergency Lighting signed a 12,500-square-foot, two-year renewal at 12 South Gold Drive. The company, which has been developing and manufacturing emergency lighting products since 1913, has been on Hamilton Business Center's tenant roster since October 2000.

Jeffrey Schron represented the landlord, while Steven Tolkach of Newmark Knight Frank represented the tenant.

New Jersey Business Systems, an end-to-end systems integrator specializing in the full range of networking, communications, computer services, customer service and support, signed a 5,260-square-foot renewal for a year and a half term at 7C Marlen Drive. The firm has been a tenant in the building since 1995.

"Hamilton Business Center is a stable property in a choice location that maintains a 93% occupancy rate because it provides tenants with a variety of options for their business needs at a competitive leasing rate," stated Schron. "The fact that longtime tenants such as Carpenter Emergency Lighting and New Jersey Business Systems want to remain in this site is a demonstration of this fact."

Hamilton Business Center consists of 12 individual flex buildings encompassing 285,150 square feet of space in Hamilton, NJ. The buildings range in size from 10,000 square feet to 65,000 square feet and have flexible zoning allowing for office, warehouse and wholesale/retail use.

Located in Mercer County, NJ, Hamilton Business Center is immediately off of the NJ Turnpike at Exit 7A and at the crossroads of Interstate-195 and Route 130.

To learn more about leasing opportunities at Hamilton Business Center or throughout Cammeby's portfolio of office, retail and industrial properties, contact Jeffrey Schron at (732) 415-7172 or by e-mailing him at [email protected].

About Cammeby's International Group

Founded in 1967 by Rubin Schron, Cammeby's International Group is a privately held real estate company with a portfolio of industrial, office and residential real estate assets through 14 states.

Cammeby's International is headquartered in New York City and manages its business through operating platforms, each focused on a specific real estate asset class.

SOURCE Cammeby's International Group