PCCP Acquires Plainsboro Plaza in New Jersey

by Katie Sloan

Plainsboro, N.J. — PCCP LLC has purchased Plainsboro Plaza, a shopping center located at 10 Schalks Crossing Road in Plainsboro, for an undisclosed price.

Situated on 27 acres and built in 1987, the 218,000-square-foot property is occupied by CVS/pharmacy, Planet Fitness, UPS and Dunkin’ Donuts. At the time of acquisition, the property was 42 percent occupied, however a lease has been executed with Key Food that will bring the center’s occupancy to 62 percent in early 2017.

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