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PARSIPPANY, N.J, DECEMBER 17, 2009 - NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, has been selected as the exclusive sales and/or leasing agent for four unique offerings in New Jersey's Union County: a 25,000-square-foot industrial/office property at 1000 Valley Road in Long Hill; a 2,500-square-foot retail/office space at 619-645 Springfield Ave. in Berkeley Heights; and a 3,600-square-foot space at 86 Summit Ave. and a 1,237-square-foot space at 23 Maple St., both in Summit. Thomas Ryan, Senior Vice President, is marketing these listings. "With rents lowering across the board on all kinds of commercial properties in the Union County marketplace, from retail to office to industrial, tenants are in the position and have the opportunity to make space decisions that will positively impact the future of their companies," stated Ryan. "As one of the most densely populated counties in the United States, ranked in the top 100 for per capita income, Union County remains an attractive submarket because of its location just 10 miles outside New York City and its easy access of the ports of New Jersey and New York." More specifically, the properties include: - 1000 Valley Road, Long Hill - This 25,000-square-foot building on three acres less than three miles from Route 78, just off Route 512 in the center of town, is available for sale and zoned for retail or light-manufacturing space. It features central air conditioning in the 5,000-square-foot office portion, 14-foot ceilings, a full sprinkler system, a fenced-in storage area outside, access to public sewer and water systems, parking for 60 vehicles and room for expansion.
- 619-645 Springfield Road, Berkeley Heights - This 2,500-square foot retail/office space within a 6,000-square-foot retail property, just minutes from Interstate 78 and local shopping, is available for lease and includes on-site parking and access to street parking.
- 86 Summit Ave., Summit - This 3,800 -square-foot office space in a 21,000-square-foot office building is available for lease immediately. In the heart of Downtown Summit, less than a one-minute walk to trains to New York City, the space includes great views of Summit.
- 23 Maple Street, Summit - This 1,237-square-foot retail space within a 42,000-square-foot property at the corner of Springfield Avenue near Routes 527 and 657 in Summit's booming Downtown features access to major roadways and local amenities and is available for lease with immediate occupancy.
"There has been an overwhelming rise of amenities for properties across the state, especially at some of the industry's most prestigious sites. With rental rates at the lowest they have been in years and with widespread opportunities, NAI Hanson continues to unearth new locations for prospective tenants and buyers," stated Ryan. "These properties are unique in their designs and layouts and offer tremendous value to companies that are looking to take advantage of long-term leases at affordable prices. We believe that all of these properties are above average with what is currently available on the market, and we are looking forward to finding the right user for each space." 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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