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Matrix Signs Two Lease Renewals in Cranbury

Matrix Development Group inked deals to renew two leases totaling 50,511-square-feet for its office, laboratory and flex space at Matrix Corporate Campus in Cranbury, NJ. AmeriHealth and Nano-Ditech Corp. signed three-year lease renewals for 35,061 square feet and 15,450 square feet, respectively.

Matrix Corporate Campus consists of 13 buildings totaling 345,000 square feet, providing high visibility along the New Jersey Turnpike via exit 8A. The office complex, which is equipped to support traditional office tenants as well as life sciences companies seeking laboratory space, maintains an 88% occupancy rate.

“We’re proud of the long-term partnership we’ve forged with both AmeriHealth and Nano-Ditech Corp., and are excited that they’ll remain cornerstones at Matrix Corner Campus,” said Gary Hans, Matrix SVP.

Hans represented Matrix in-house in both deals. AmeriHealth was represented by NorthMarq Advisors’ Tom Whitworth. Nano-Ditech was represented by Savills’ Greg Soffian and Gregg Najarian.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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