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PARSIPPANY, N.J, DECEMBER 18, 2009 - NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, announced today that it has been appointed as the exclusive sales agent for large tracts of vacant land in Bethlehem and Hanover, Pa., and in Lebanon, N.J. NAI Hanson's Sig Schorr, Vice President, is marketing the properties. "These parcels call to attention the opportunities that available land provide to owner-occupiers or landlords. These tracts are flexible in their uses, are highly visible," stated Schorr. "NAI Hanson has been able to acquire and turn around several large tracts of land at affordable rates in New Jersey and Pennsylvania owing to the company's depth and breadth of expertise in these markets." The 5.3-acre plot at the corner of Easton Avenue and Farmersville Road in Bethlehem, zoned for commercial use, is located across the street from a municipal building at a highly visible corner with a traffic signal. The property offers access to sewage and water systems and can be divided for mixed-use. Environmental work on the first two phases is complete. The 2.07-acre parcel at 4098 Bath Pike in Hanover consists of an 1870s brick barn and two other buildings, all of which have been zoned for commercial use. Opposite Wegmans grocery store on the busy Route 512 near Interstates 78 and 476, the space is highly visible to traffic and has completed sewage and water systems to enable an immediate construction start. The 53-acre farm at 2-10 Hickory Run Road in Lebanon features a small residence, a great deal of wooded land and 15 acres of open space, allowing customized building placement. The buyer can also subdivide the land into three lots, pending approval from The Highlands Water Protection and Planning Council. The property overlooks the Raritan River, a trout stream; sits near the Spruce Run Reservoir, which offers access to swimming, boating and fishing; and lies within walking distance of Ken Lockwood Gorge, which offers some of the best fly fishing in the state. "Each of these parcels of land presents a very unique opportunity for an owner or landlord looking to take advantage of the current buyer's market," noted Schorr. "Both Pennsylvania spaces are great commercial locations with a potential to be used to either start a very successful business or expand a current one. The farm in Lebanon, N.J., is simply in an ideal location that offers plenty of flexibility. These three tracts of land show NAI Hanson's ability to service a broad range of clients across all real estate sectors, which is crucial to the success of our firm, especially in these tough economic times." About NAI James E. Hanson Since 1955, NAI James E. Hanson has been a leading independent full-service brokerage commercial real estate and property management firm serving a diverse client list. NAI Hanson offers its clients strategic solutions and provides comprehensive value-added services such as office, industrial and retail brokerage, investment sales, land sales, management, government services and financing expertise. NAI Hanson is also one of the original members of NAI Global, an international commercial real estate network with over 325 offices spanning the globe. For more information on NAI James E. Hanson, contact William C. Hanson, SIOR, at the company's Hackensack office at 201-488-5800 or visit http://www.naihanson.com/.
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