East Windsor, New Jersey (February 17, 2025) – TFE Properties, LLC, announced the purchase of 304 Princeton Hightstown Road in East Windsor, NJ, which was formerly occupied by Fulton Bank. The property features a +/-7,000 SF building on 4.55 acres of land.
The former bank building, located at a signalized intersection of Princeton Hightstown Road and Old Trenton Road, is 1.5 miles from Route 130 and near national retailers including Target, Burlington, CVS, Retro Fitness, Aldi, Ross Dress for Less, and many others.
“We are very familiar with East Windsor and the surrounding areas as it’s home to the corporate offices of TFE Properties and our sister company, Hotels Unlimited,” says Carey Tajfel, President of TFE Properties. “It’s a wonderful town with strong demographics in a rapidly growing area, which is why we anticipate significant interest in this building.”
The building’s future occupant will serve a population of about 93,000 with an average household income of more than $125,000 within a 5-mile radius, and it will see more than 36,000 vehicles passing the intersection daily.
The growing TFE Properties portfolio includes projects in New Jersey and Pennsylvania. The company specializes in buying properties that are well-suited for development as well as properties that are underutilized and ripe for added value through redevelopment, renovation, and market repositioning. TFE Properties looks forward to announcing a wide array of projects that are currently under development and coming soon.
Craig Parcells of JLL Capital Markets represented the seller and buyer, an affiliate of TFE Properties.
For press inquiries and more information about TFE Properties, please contact Jenny Halat at (609) 632-0006 x8518 or [email protected].
About TFE Properties: TFE Properties is a real estate and land development company based in East Windsor, New Jersey. Best known for diverse offerings in nearly all asset classes, exceptional quality, and hands-on management, they develop strategically located commercial and residential properties from the ground up, in addition to purchasing existing properties where they see opportunities to create value. Their primary areas of focus include retail centers, single net tenants, hotels, office buildings, apartment complexes, storage facilities, warehouse/flex buildings, and land development. For more information, visit www.tfeproperties.com.
About JLL: For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 108,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.