PISCATAWAY, NJ-The two side-by-side class B office buildings at200 and 220 Centennial Ave. here have been put up for sale by ownerAndalex Realty of New York City. And Andalex has hired theManhattan-based Eastern Consolidated to find a buyer for theassets, which total just more than 138,600 sf on 10 acres.

For Eastern Consolidated, executive directors Eric Anton andRonald Solarz, along with financial analyst Paul J. Nigido arehandling the assignment. Anton expects the sale to draw a number inthe $11 million range, which if achieved, would amount to about $80per sf.

“This pair of buildings is situated for high-tech/telecom usersbecause of their direct access to the fiber optic trunk underneathCentennial Ave.,” Anton says. And there's upside potential: “Theproperty also contains a recently vacated 46,469-sf unit with abackup power generator and large computer installation, which wascompleted in 1996 at a cost of $2 million,” he says.