NAI Hanson Named Exclusive Sales/Leasing Agent For 40,500-Square-Foot Industrial/Flex Property With Freezer Space In Totowa, N.J.

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HACKENSACK, N.J, MAY 25, 2010 - NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, has been named the exclusive sales/leasing agent for a 40,500-square-foot freestanding freezer distribution facility at 405 Minnisink Road in Totowa, N.J. NAI Hanson Senior Vice President Andrew Somple and Sales Associate Russell Verducci are representing the owner, Sandringham Properties LLC, in this transaction.

"This facility is a rare opportunity for a buyer or tenant looking for sizeable freezer capabilities," said Somple. "In addition to its flexibility, this building is in excellent condition and is an ideal property for a corporate user. The property will become available in November of this year."

405 Minnisink Road is a 40,500-square-foot warehouse facility that lies over two (2) acres of land in New Jersey's Passaic County, situated directly between Route 80 and Route 46, just east of Route 23.  The building, which is available for lease or sale, features 17,000-square-feet of freezer space at a controlled temperature of negative 10 degrees, 6,000-square-feet of office space and 2,000-square-feet of retail space. Four tailgates, two drive-ins, a 21-foot clearance height and a fenced-in truck court enable efficient distribution, as well. Other amenities include 21-foot clear ceilings, a wet sprinkler system, a full HVAC system and more than 60 parking spaces. In addition, there is a cell tower at the back of the property that generates additional rental income.

"Situated in an easily accessible location, this property is a unique space.  We look forward to finding the right buyer or tenant to occupy this building," added Mr. Verducci.

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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