Strategic Funding Alternatives LLC Acquires Office Building From Princeton Insurance Co

The office complex located at 742 and 746 Alexander Road in Princeton, NJ, consisting of two buildings totaling 110,000 square feet, has been sold by Princeton Insurance Co. The property includes amenities like a fitness center and cafeteria. Strategic Funding Alternatives LLC acquired the complex, however, the transaction amount remains undisclosed.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Undisclosed
• Buyer's Representative: Michael Oliver(JLL), Steve Simonelli(JLL), Michael "Mike" Oliver(JLL)
• Seller: Princeton Insurance Co.
• Square Footage: 110,000
• Brokers: Kevin O’Hearn(JLL)

The sale of the office complex was facilitated by Kevin O’Hearn, Jose Cruz, Thomas Romano, Michael Oliver, and Steve Simonelli from JLL who represented both the owner and the tenant in the deal.