Colliers arranges $19.5M sale of Hamilton office portfolio

A two-building office portfolio in Hamilton has sold for $19.5 million, according to real estate services firm Colliers International Group Inc.

The buildings at 5 and 8 Commerce Way total more than 120,000 square feet in the Princeton submarket, Colliers said in a news release.

The properties are 95% occupied by tenants including the state of New Jersey, GSA Mid-Atlantic Region, Lumber Liquidators and more.

A Colliers team from the New Jersey office represented both the buyer and seller in the deal, neither of which was disclosed.

The team included Jacklene Chesler, executive managing director, Matthew Brown, managing director, and Frank Summers, senior financial analyst.