Blog

The Evolution of a Market: The Changing Morris County Office Market  By: W. Joshua Levering, SIOR, Senior Vice President and Branch Manager NAI James E. Hanson Morris County Office

The Evolution of a Market: The Changing Morris County Office Market By: W. Joshua Levering, SIOR, Senior Vice President and Branch Manager NAI James E. Hanson Morris County Office

Morris County, N.J. has long been known for its bucolic rolling hills, unique towns, and its deep history and culture. It is sometimes easy to forget that Morris County is also a hotbed for business with thousands of companies calling the county home and many international corporations planting their headquarters within the county’s 480 square miles.

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Solving Commercial Real Estate’s Demographic Crisis: How NAI James E. Hanson is Successfully Bringing Millennials into the Business

Solving Commercial Real Estate’s Demographic Crisis: How NAI James E. Hanson is Successfully Bringing Millennials into the Business

A recent report released by Deloitte highlights an alarming trend in commercial real estate – our field is running out of experienced real estate professionals. As many workers approach retirement age, firms across the country are scrambling to replace the invaluable decades of accumulated knowledge and experience that are leaving with these brokers. Unfortunately, as an industry, some level of neglect has been assigned to the important task of attracting, training and retaining skilled talent from the younger generations, specifically millennials.

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Next Stop Mahwah: Four reasons Mahwah, N.J. is quickly becoming a premier destination for today’s industrial users   By: Ken Lundberg, SIOR, Vice President

Next Stop Mahwah: Four reasons Mahwah, N.J. is quickly becoming a premier destination for today’s industrial users By: Ken Lundberg, SIOR, Vice President

For many, Mahwah, New Jersey is known as the last exit on Interstate 287 before crossing into New York State or a great place to go with your family to take in the beautiful scenery of the Ramapo Mountains. However, Mahwah is gaining another reputation; one that’s great news for the Township, commercial real estate developers and investors, and companies looking to grow.

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Unlocking Opportunities for Smart Redevelopment with Rezoning By: Ken Fioretti, Sales Associate

Municipal zoning codes fill an important, yet often overlooked, role in commercial real estate. Generally, much of the value of existing properties can be predetermined simply by a careful review of the zoning codes and underlying economic factors. For example, land zoned for retail in Paramus will almost always attract a premium dollar amount. However, despite the best efforts of municipalities, zoning codes can inadvertently restrict the best possible uses for some properties which can also stymy development. Fortunately, many towns and cities throughout the region have revaluated this issue and are taking positive steps to encourage development through substantial rezoning efforts.

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Is the Time Right for a Lease Audit? By: Walter Wolf, Vice President

Is the Time Right for a Lease Audit? By: Walter Wolf, Vice President

Real estate is the largest cost that most business owners carry with the exception of personnel expenses. Controlling costs to maintain profitability is critical as rent prices and space needs fluctuate but it can be difficult to predict expenses amidst the ebbs and flows of the business cycles. Understanding the terms of your lease and your contracted financial obligations can help to avoid costly oversights and in many cases overpayment. If you are unsure if you are overpaying, perhaps the time is right for a lease au

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