Bridge33 Capital Acquires Nassau Park Pavilion in Princeton, New Jersey

Princeton, NJ - November 21, 2025 - Bridge33 Capital is pleased to announce its successful acquisition of Nassau Park Pavilion, a premier 1,130,000+ square-foot shopping center located in Mercer County at the intersection of US 1 and Quakerbridge Road in Princeton, New Jersey.

Nassau Park Pavilion, situated in the affluent Princeton submarket, is anchored by top-tier retailers including Wegmans, Dick's Sporting Goods, TJ Maxx, HomeSense, HomeGoods, Burlington, and Ulta, among others. This prime shopping destination benefits from high visibility in the bustling U.S. Route 1 retail corridor, closely shadow-anchored by Target and Home Depot. The center experiences substantial daytime traffic, thanks to its proximity to major corporate headquarters such as Bristol-Myers Squibb and NRG Energy, as well as the prestigious Princeton University.

"We are thrilled to acquire Nassau Park Pavilion, a Class-A 'center of gravity' shopping destination in the highly coveted Princeton submarket," said Jahan Moslehi, CEO and Co-Founder at Bridge33 Capital. "Anchored by a high-velocity Wegmans and supported by incomparable demographics, this acquisition represents a rare opportunity to invest in a booming retail corridor. We are eager to apply our expertise to further enhance this premier asset."

Bridge33 Capital has established meaningful scale in the open-air and strip retail sectors, consistently enhancing property vibrancy through an initiative-taking approach to property management and leasing. The acquisition of Nassau Park Pavilion is a significant step forward in our mission to invest in high-performing retail destinations.

About Bridge33 Capital LLC

Bridge33 Capital LLC is a vertically integrated real estate company focused on open-air retail centers. Since 2013, Bridge33 has acquired ~$2.5 billion (~16 million SF) of commercial real estate in 26 states. For more information, please visit www.bridge33capital.com.