Real Estate Strategies Corporation Secures Biotech Company Headquarters



(Kenilworth: May 31, 2007)
Andrew B. Zezas, SIOR, President & CEO of Real Estate Strategies Corporation, announced today that the corporate real estate advisory and transaction services firm completed a headquarters real estate transaction at 300 Atrium Drive, Somerset, New Jersey, for its long-time client, Alfacell Corporation.

"Lou Desiderio, Real Estate Strategies Corporation's Profitability and Liquidity Advisor and CFO led the Alfacell project and did an excellent job of guiding and advising Alfacell's management team in making decisions about their company's real estate needs," said Andrew Zezas. "Given Lou's extensive background in corporate finance and business strategy, he was able to effectively structure a very creative transaction for Alfacell." Mr. Desiderio added "We're very pleased to have represented Alfacell's interests in this project. We employed a Business Driven Real Estate Solutions approach to assessing the Company's needs and were successful in securing a transaction that supported both Alfacell's operational and financial requirements, while providing them with great flexibility."

Alfacell Corporation is the first company to advance a biopharmaceutical product candidate that works in a manner similar to RNA interference through late-stage clinical trials.

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Real Estate Strategies Corporation is a New Jersey based advisory and transaction services firm that helps companies create and execute Business Driven Real Estate Solutions…and Opportunities. RealStrat’s real estate advisory, acquisition, and disposition services promote intelligent business decision making, while achieving the operational and financial objectives of public, private, and global companies, not-for-profit organizations, and the executives who lead them. Real Estate Strategies Corporation can be reached at (908) 245-5999, or online at: www.realstrat.com or at www.cforealestate.com.

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