5/12/2009

Colliers Houston completes sale of New Jersey headquarter building

by
Electronics Expo, Inc. has purchased an 88,435-square-foot corporate headquarter facility in Wayne, N.J., from Wachovia Bank.

Colliers Houston & Co.'s Howard Weinberg, senior vice president, represented the seller in the transaction, while SBWE Inc. represented the buyer.

Located at 70 Demarest Drive, the property is less than 15 miles from midtown Manhattan, 25 miles from Newark Liberty International Airport and 30 miles from LaGuardia Airport. With 30,000 square feet of office area, the building sits on an eight-acre lot that provides parking for 140 cars. The building offers additional amenities including 25-foot ceiling heights, multiple tailgates and ground level loading.

Address: 70 Demarest Drive, Wayne, N.J.
Size: 88,435 square feet

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Filed Under: Office

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