Howard Properties Completes 49,442 SF Lease Renewal - websites

Howard Properties Completes 49,442 SF Lease Renewal

14 Mar2011

Howard Properties Completes 49,442 SF Lease Renewal

Howard E. Greenberg, SIOR, President of Howard Properties, Ltd. of White Plains, New York, has announced that his firm represented Alfa Wassermann, Inc. in a long-term renewal of its 49,442 SF headquarters lease in West Caldwell, New Jersey. Mr. Greenberg represented the tenant, in partnership with the Garibaldi Group of Chatham, New Jersey.

Alfa Wasserman is a leading provider of both medical diagnostic instrumentation and reagents to the medical community and high speed ultra centrifuges for the purification of vaccines, including most of the flu vaccines worldwide. Its primary diagnostic focus is the physicians’ office laboratory, with a growing presence in hospital laboratories and veterinary clinics. Alfa Wassermann’s diagnostic technology products are sold around the world to physician, veterinary and research laboratories, including many of the leading pharmaceutical companies, academic institutions and animal conservancies. Its vaccine purification instrumentation is sold to virtually all of the vaccine manufacturers around the world.

“We were coming to the end of a 10 year lease for our United States headquarters, a facility that contains not only our executive offices, but laboratory, training, manufacturing and warehouse facilities”, said Ira S. Nordlicht, CEO of Alfa Wassermann, Inc. “We were faced with an above-market renewal option, but did not want to go through the expense and disruption of a relocation. Howard and his team developed and executed a real estate strategy that significantly reduced our occupancy costs. They also obtained major improvements to the building and additional funds for us to use for interior construction projects and refurbishments.”

Howard Properties, Ltd., which is headquartered in White Plains, NY, specializes in tenant representation and real estate consulting. Founded by veteran commercial broker Howard Greenberg in 1998, Howard Properties has completed space acquisitions, dispositions, lease renegotiations and consulting assignments in 20 states. The firm is an affiliate member of CORFAC International, an association of independent real estate brokerage firms represented in more than 150 markets in The Americas and Internationally. For more information, contact

Howard Properties, Ltd.
3 Barker Avenue
White Plains, NY 10601
914.997.0300 Telephone
914.683.0175 Fax