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600 and 619 Alexander Rd

600 and 619 Alexander Rd.

Property Name:600 and 619 Alexander Road
Location:Princeton, New Jersey
Description:These two office buildings are situated on a 6.56 acre site in Princeton, New Jersey. This asset is located directly across from Princeton University on Alexander Road, which is the major access road to the university from U.S. Highway One. The greater Princeton area is served by high-speed rail services to Philadelphia and New York City. During the two years preceding the acquisition, the Princeton office market has consistently outperformed surrounding central New Jersey markets in terms of occupancy and rental rates. At the time of acquisition, the buildings were 98% leased to major tenants including Sovereign Bank, Nassau Broadcasting, and Wells Fargo Bank.
Year Built:1983 and 1985
Asset Size:97,447 sq. ft.
Asset Submarket:Princeton
Acquisition Date:June 2006
Tenant Mix:Finance, Entertainment, Healthcare
Asset of
Behringer Harvard
Fund(s):
REIT I
Property Type:Office Building

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