Photo courtesy of the city of Keene

Liberty Mutual has sold the 142,775-square-foot office building its Peerless Insurance division had occupied since 1957. 

The purchase price was $832,000, according to public records. The buyer was a Delaware LLC that shares an address with a Connecticut subsidiary of Alden Global Capital, a New York hedge fund infamous for its practices as the owner of hundreds of community newspapers throughout the United States. 

The company decided to end the Peerless brand along with several others in 2012.  

The building at 62 Maple St. had for many years been the head office for a nation-wide insurance conglomerate owned by a Dutch insurance firm, which Liberty Mutual bought in 1999. The building sits on 50 acres of forest.