In the sale deal, Colliers Houston's SVP Howard Weinbergrepresented the seller, Wachovia Bank, while SBWE advised buyerElectronics Expo Inc. Located at 70 Demarest Dr., the buildingfeatures 30,000 square feet of office space, 25-foot ceilingheights, multiple tailgates and ground-level loading. It is lessthan 15 miles from Midtown Manhattan and 25 miles from NewarkLiberty International Airport with easy access to Routes 80, 46 and23.

"In this transaction, we were able to attract a buyer that waslooking to relocate to a corporate headquarters facility thatoffered top of the line amenities at a lower, more affordable pricepoint," Weinberg says. "Ultimately, we were able to reach agreeableterms for both the seller and the buyer."

Weinberg along with senior associate Matt Turse negotiated forthe landlord, Pan Realty, in the lease renewal for Amerlux at 19-21Daniel Rd. East in Fairfield. The tenant, an architectural lightingdesign company, was repped by Cushman & Wakefield of NewJersey.