M id A tlantic Real Estate Journal — June 26 - July 16, 2020 — 3A
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M id A tlantic R eal E state J ournal
The 4-Building office campus marks the firm’s move into the Princeton/Mercer Countymarket Strategic Funding Alternatives, LLC acquires Windsor Corporate Center in East Windsor, NJ
AST WINDSOR, NJ — Strategic Fund- ing Alternatives, LLC (SFA) , a privately held com- mercial real estate investment firm, announced its acquisi - tion of Windsor Corporate Center (WCC), a four-build - ing campus with a combined 291,550 s/f of class A office space in the heart of Mercer County. Located on more than 39 acres of land at 50 Mill- stone Rd. in East Windsor, the complex is approximately 65%-70% occupied with a mix of national and international companies. Its easy access to the New Jersey Tpke., I-295 and other major roadways plus the Princeton Junction Train E An c ho r He a l t h Properties acquires key IRF in target Mid-Atlantic market PAM Dover DOVER, DE — Anchor Health Properties (Anchor) has recently acquired a 42,140 s/f class A Inpatient Rehabili - tation Facility (IRF) located in Dover. Anchor acquired the as - set through a joint venture with an affiliate of Harrison Street Real Estate . Anchor’s co-man - aged discretionary equity fund, Chestnut Healthcare Fund I , also invested in the project. Anchor’s chief investment officer James Schmid stated, “We are very pleased to an- nounce this new acquisition, which marks our sixth thus far in 2020. We continue to be quite active across the Unit - ed States through uncertain times in the capital markets and are looking forward to expanding our presence in IRF sector. The firmhas significant experience acquiring and de - veloping IRFs across its prin - cipals. Maintaining a positive outlook and keeping active on the investment front right now is more critical than ever. We are seeing an increase in de- mand for medical services and we expect this strong demand to continue for the foreseeable future. The sector has proven to rebound quickly following state lockdowns as healthcare is a basic need for American consumers.” MAREJ
Station is ideal for staff and clients. The corporate campus is also well-situated and in close proximity to many of the area’s large industrial parks. Existing building amenities include a full-service cafeteria, auditorium, fitness center and on-site storage with recent exterior and interior capital improvements. The deal closed on June 8, 2020. Says Jeffery Schneider, SFA managing principal, “It has certainly been a long few months but we are so excited to be entering the Princeton/ Mercer County market with
this new acquisition. WCC is a beautiful campus with plenty of space, abundant parking and flexible office con - figurations ~ perfect for those companies who may have dis - tribution facilities nearby but want class A corporate offices.” SFA already has plans for additional amenities and en- hancements as part of its core focus on optimizing under - valued properties. Schneider adds, “We see this property as a strong addition to our port - folio and will be aggressively leasing the available space to multiple prospects.” MAREJ
Windsor Corporate Center
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