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Real Estate Strategies helps a firm end space Odyssey.


Andrew B. Zezas, SIOR SIOR Society of Industrial and Office Realtors
SIOR Specialist, Industrial and Office Real estate
, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Real Estate Strategies Corporation, announced that the company completed a lease assignment for Odyssey Pharmaceuticals, Inc., a subsidiary of PLIVA, Inc.

The transaction involved the disposition of Odyssey's 50,948 s/f headquarters at 200 Park Ave. in Florham Park, N.J., which it had occupied since December 2004.

"This it the second significant project that we completed for Odyssey and PLIVA in as many years" said Zezas. "While disappointed that Odyssey's revised business focus caused the closure of this office, we were naturally pleased to have been engaged again to assist both companies with such an important real estate project."

In 2004, Real Estate Strategies Corporation represented Odyssey Pharmaceuticals in the acquisition of its headquarters office space at 200 Park. For that transaction, Odyssey's landlord, Advance Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Group, recognized Real Estate Strategies Corporation as its "A--Team Broker of the Year," a distinction that recognized both the significance of the Odyssey transaction and RealStrat's role in bringing it to fruition fru·i·tion  
n.
1. Realization of something desired or worked for; accomplishment: labor finally coming to fruition.

2. Enjoyment derived from use or possession.

3.
.

In June 2005, Odyssey engaged Real Estate Strategies Corporation to dispose of To determine the fate of; to exercise the power of control over; to fix the condition, application, employment, etc. of; to direct or assign for a use.

See also: Dispose
 its facility.
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Title Annotation:NEW JERSEY
Publication:Real Estate Weekly
Geographic Code:1USA
Date:Feb 8, 2006
Words:182
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