Colliers has officially announced the sale offering for Alexander Corporate Park, a ±109,016-square-foot, two-building office campus located at 742 and 746 Alexander Road in Princeton, New Jersey.
The campus presents a unique value-add opportunity for investors, owner-users, and developers looking to break into one of the state’s premier business corridors. Colliers’ Vice Chair Jacklene Chesler, Senior Vice President Patrick Norris, and Transaction Manager Brittany Leventoff are exclusively managing the property’s marketing campaign.
Situated on roughly 9.67 acres, the property features versatile multi-tenant configurations and strong existing income infrastructure:
- Building Breakdown: Includes a three-story, ±49,400-square-foot building at 742 Alexander Road and a two-story with lower level, ±59,600-square-foot building at 746 Alexander Road.
- Available Space: Approximately 83,250 square feet is currently available, offering large contiguous blocks designed for flexible occupancy strategies.
- Anchor Tenancy: The campus is anchored by the Bierman ABA Autism Center, providing stable, long-term in-place cash flow.
- Capital Improvements: Ownership has poured approximately $1.7 million into upgrades since 2021, modernizing building systems, lobbies, restrooms, connecting breezeways, exteriors, and landscaping.
Located in the heavily sought-after Princeton/Route 1 office corridor, the campus sits just one mile from the Princeton Junction Station and three miles from downtown Princeton and Princeton University, offering seamless connectivity to both New York City and Philadelphia via major transit arteries like Route 1, I-295, I-95, and the New Jersey Turnpike.
Colliers is marketing the property in partnership with Ten-X, a leading online commercial real estate auction platform. Competitive bidding for Alexander Corporate Park is scheduled to run from Oct. 19 through Oct. 21.
“With substantial space available, long-term income from an established healthcare tenant and flexible zoning that supports a range of potential uses, the property offers multiple avenues for investors and users to create value,” said Jacklene Chesler of Colliers.
