Lori Rabon Named Vice President

Lori Rabon Named Vice President of Palmer Square Management

(PRINCETON, NJ – May 16, 2016) – Palmer Square Management, the management company which oversees the retail, office and residential leasing and marketing of Palmer Square in downtown Princeton, recently announced that Lori Rabon has been named the new Vice President of the group. The position was previously held by David Newton, who remains with the ownership, but will be focusing on other development projects in North Jersey.

Rabon has been the General Manager of the Nassau Inn for twenty years. Her past experiences, along with her knowledge of the property and of Princeton, make her a valuable asset, which is why she was selected for the job.

Her responsibilities will include leasing and development for the Square, as well as continuing to oversee the hotel operations.

“I am thrilled about this opportunity,” says Rabon. “In my new leadership role I look forward to doing great things and feel fortunate to have the support of seasoned teams behind me at both the Nassau Inn and Palmer Square Management.”

Rabon acknowledges that Newton left behind a few deals that are in the works. In fact, the pair will travel to Las Vegas for the International Council of Shopping Centers (ICSC) largest convention on May 23rd.

“Our hope is to be able to finalize a deal or two, as well as to connect with future prospects,” explains Rabon. “I look forward to meeting many of the key players in the real estate industry and sharing ideas with them.”

Palmer Square Management and the Nassau Inn are owned by a limited partnership based out of New York City.

About Palmer Square:
Located across from Princeton University, Palmer Square boasts a collection of shopping and dining right in the heart of downtown Princeton. Experience the charm of classic architecture mixed with contemporary elements on beautiful tree lined streets. You’ll find the best in apparel, shoes, jewelry, beauty, gifts, home furnishings, specialty food and drink, as well as the historic Nassau Inn at this unique Princeton destination. There are a selection of great restaurants, cafes and artisan ice cream shops, plus The Green plays host to many seasonal events throughout the year.

Quick facts:

Retail / Restaurant

• 110,000 square feet, including 2 multi-level retail stores
• Tenant mix strategically balanced between local boutiques and luxury nationals with a wide variety of
  dining, specialty food and beverage offerings

Office

• 142,000 square feet of “Class A” office space in five buildings

Residential

• 232 on-site residential units owned and/or managed by Palmer Square
  The Residences at Palmer Square, 100 luxury townhomes and condominiums were completed in 2013

The Nassau Inn

• 188 elegant guest rooms and modern specialty suites with first class service
• Meeting and banquet rooms with state-of-the-art audio-visual equipment
• Home to the Yankee Doodle Tap Room

On-Site Parking Garages

• 2 multi-tiered parking garages with 24-hour access
• 1,019 parking spaces including an electric charging station

For further information, please contact Anita Fresolone, Palmer Square Management, 609.921.2853 or afresolone@palmersquare.com.