SHI was represented in the transaction by SVP Steven Fleming, VPShawn Straka and associate John Buckley of the Murray Hill officeof the Staubach Co. The buyer was represented in-house, and thesale price was not disclosed.

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"We're pleased to have completed this sale for SHI, whichcoincided with the company's move to its new corporate headquartersin a major expansion," Fleming says. "The company is now located at33 Knightsbridge Rd. in Piscataway, a transaction in which we alsorepresented SHI."

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As reported by GlobeSt.com, SHIbought the Piscataway facility a year ago from BET Investments foran undisclosed price. That number was later revealed to be $12.3million. The company completed its move across the Raritan Riverthis past December, now occupying 105,000 sf of the 153,000-sfbuilding, with existing tenant EasyLink continuing to occupy muchof the rest of the space.

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The company's former headquarters is currently vacant, and newowner Ambani Realty has not disclosed its plans for the asset.Competitive space in the surrounding market is currently listedwith asking prices in the $20-to-$23 range. Located in thistownship's Somerset section, Two Riverview Dr. sits on just lessthan six acres at the corner of Weston Canal Rd. and Apgar Dr.,just off Exit 12 of I-287. Features include a bronze glass facade,a three-story atrium lobby and parking for more than 250 cars.

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The company in the middle of the transaction, SHI, continues ina major expansion mode. Software House International is a corporatereseller of software, hardware and related services.

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