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Strategic Funding Alternatives LLC Acquires Office Building From Princeton Insurance Co

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SOLD

New Jersey

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Office110,000 SF
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SOLD

Strategic Funding Alternatives LLC Acquires Office Building From Princeton Insurance Co

742 Alexander Rd, Princeton, NJ, 08540

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Office110,000 SF
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Summary

NEW JERSEY
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:110,000 SF
Transaction Type:Sale

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.

Players

Steve Simonelli
64 deals$4.9B volume
BROKER

Michael Oliver
JLL
69 deals$4.3B volume
BROKER

Kevin O’Hearn
JLL
52 deals$2.3B volume(973) 549-2018
BROKER

BUYER

Details

SOLD
IMAGE: 742 Alexander Rd, Princeton, NJ, 08540 MARKET: Princeton ASSET TYPE: Office BUYER'S REP: Michael Oliver(JLL), Steve Simonelli(JLL), Michael "Mike" Oliver(JLL) BROKERS: Kevin O’Hearn(JLL) BUYER: Strategic Funding Alternatives LLC SELLER: Princeton Insurance Co. SF: 110000

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