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CHDI Chooses Princeton Forrestal Village


March 6, 2013 - Princeton, NJ

PRINCETON, NJ--(Marketwire - March 06, 2013) -  Investcorp International, Inc. and the Lincoln Equities Group, LLC, owners of Princeton Forrestal Village (PFV), announced today the fully executed lease agreement of nearly 13,000 square feet with CHDI Management, Inc. CHDI manages a not-for-profit research organization committed to developing drugs that slow the progression of Huntington's disease.

Says Lincoln Equities Group's Senior Director of Leasing, Daniel S. Ackerman, "We're proud to welcome CHDI to PFV. Their presence illustrates our commitment in becoming one of New Jersey's finest mixed-use properties, with retail, dining, healthcare/medical and office availabilities integrated into one eclectic location. With CHDI, Forrestal Village has now realized a goal of 96% leased in our office sector."

Since taking ownership in December of 2010, Forrestal Village has seen exponential growth in all its sectors, with a particular increase in the medical and healthcare areas.

Adds Joel Bergstein, President of Lincoln Equities Group, "New tenants are realizing the benefits of the Village's proximity to the University Medical Center of Princeton, and to the Princeton region. Over the past year, we've added several new medical/healthcare tenants, including Surgical Specialists of Princeton, Urology Group of Princeton, Colon & Rectal Surgeons of Central NJ, the Center for Advanced Reproduction Medicine and Fertility, National Dentex Corporation/Excel Laboratories, and Centerland LLC Surgical Supplies. This firmly attests to the property's rapidly growing reputation and value."

Princeton Forrestal Village is conveniently located on US Route 1, one-mile north of the University Medical Center of Princeton at Plainsboro, two miles from downtown Princeton, and convenient to all major roadways and regional transportation hubs. Along with medical/healthcare, office and retail leasing, the Village is one of the area's dining destinations with name plate restaurants such as Ruth's Chris Steak House, Salt Creek Grille, Tre Piani Restaurant and Bar, and the area's first Bon Appetit Café, along with other similar venues. The Village also boasts the popular 70,000 square foot Cando Fitness and KoiSpa Salon.

For more information on leasing opportunities, contact Daniel S. Ackerman 201-531-2363 or dackerman@lincolnequities.com. Interested parties can also take a virtual tour of available spaces on the Leasing pages of PFVILLAGE.com.

INVESTCORP INTERNATIONAL, INC. is a leading provider and manager of alternative investment products, serving high-net-worth private and institutional clients. Investcorp pursues a highly focused approach, specializing in five lines of business: private equity in North America and Western Europe, global hedge fund offerings, real estate investment in the United States, technology investment in North America and Western Europe and Gulf growth capital. Founded in 1982, Investcorp has enjoyed a track record of consistent innovation and performance, having arranged investments with a combined value of approximately $44 billion. The Company has grown to become one of the largest and most diverse alternative investment managers in terms of both product offerings and geography, and currently has approximately $12 billion in assets under management. The Firm co-invests significantly with its clients across its lines of business to ensure a strong alignment of interests.

LINCOLN EQUITIES GROUP LLC (LEG) is a leading full-service real estate company in the Northeastern US and Europe. Established in 1980, the organization owns, operates, develops and manages commercial and residential properties with a current net value of $1.5 billion. The current inventory under LEG's development team includes 3,800 residential units, 450 hotels, and 1.5 million square feet in industrial and retail space. Eurolinque, the LEG European investment platform, owns and operates 3.5 million square feet. Institutional and investment partners include such globally recognized firms as Investcorp International, Lowe Enterprises, Avenue Capital, Willet Companies, and American Standard. Linque Management Company, LEG's property maintenance arm, oversees a portfolio of 4.4 million square feet.

CONTACT:
Robert Turano
Director
DeSio Associates
609-895-9591
info@desioassociates.com

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