Onyx Equities, Artemis Real Estate Acquire Plainsboro Plaza in Plainsboro, N.J.

Onyx Equities, Artemis Real Estate Acquire Plainsboro Plaza in Plainsboro, N.J.

PLAINSBORO, NJ—Onyx Equities LLC and Artemis Real Estate Partners have formed a joint venture partnership to acquire Plainsboro Plaza, a 218,600-sq.-ft., grocery-anchored class-A retail property in Plainsboro, N.J.

Current tenants at the retail property include CVS, Hallmark Cards, Dunkin Donuts and more. The grocery space was recently vacated, but will be re-tenanted in the near future.

Constructed in 1987, Plainsboro Plaza is located at the intersection of Scudder’s Mill and Schalks Crossing Road off Route 1 in the Princeton submarket.

“Taking into account the positive economic development that Plainsboro has experienced in recent years, including the opening of a new hospital and a new town center, we view this acquisition as a strategic entrance into an increasingly affluent community,” said Stephen Sullivan, SVP of Onyx Equities.

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