Princeton Insurance Co. has sold 742 and 746 Alexander Rd., a two-building office complex totaling nearly 110,000 square feet in West Windsor, N.J.
The buyer is Strategic Funding Alternatives; however, the sales price was not disclosed.
742 and 746 Alexander Rd. is located within the prestigious Princeton office market, which is home to numerous major corporations and pharmaceutical companies. The properties served as the corporate headquarters of Princeton Insurance Companies from the 1980s until just recently, when Princeton decided to relocate to a nearby property. The three-story 742 Alexander Rd. property consists of approximately 50,000 square feet. 746 Alexander Rd. is a two-story, approximately 60,000-square-foot building. On-site tenant amenities and features currently include a cafeteria, fitness center and atrium lobby.