EDENS, which has corporate headquarters in Columbia, South Carolina, is purchasing the shopping center. Tenants said they received letters last week informing them of the sale. The closing date is scheduled for June 1.
EDENS owns one shopping center in New Jersey, Mill Pond Village in Sewell. The company owns more than 125 shopping centers.
George Comfort & Sons, Inc. has owned the Princeton Shopping Center since 1983. The New York-based real estate development firm is one of the city’s oldest real estate companies. The firm’s focus is on office space in the central business districts and suburbs of the Northeast, from Boston to Washington, DC as well as Southern California.
George Comfort & Sons manages more than 10 million square feet of commercial property in New York City, Philadelphia, Beverly Hills, and other cities. The company manages the Quakerbridge Plaza in Hamilton, an office park consisting of 12 buildings on 43 acres.