NEW JERSEY—Ivy Realty has purchased Alexander Centre, a two-building office complex located at 600/619 Alexander Road in Princeton, N.J. from Behringer Harvard REIT I Inc.
HFF exclusively represented the seller in the transaction, for which details were not disclosed.
Situated just off Route 1, the complex totals 94,278 sq. ft. and is situated on approximately 6.6 acres. Princeton University, U.S. Highway One and Princeton Junction Station, which is served by high-speed rail service from Philadelphia and New York City, are all in close proximity.
The first building in the complex, 600 Alexander Road, was built in 1983, while 619 Alexander Road was constructed in 1985.