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HACKENSACK, N.J, MAY 27, 2010 -NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, is pleased to announce the completion of a 13,200-square-foot industrial lease renewal at 1 Apollo Drive in Whippany, N.J. NAI Hanson Vice President Steven Leitner, CCIM, represented the tenant, Z&Z Supply, Inc., doing business as Johnstone Supply, in this transaction. 1 Apollo Drive is a 120,000-square-foot industrial building in New Jersey's Morris County. Z&Z Supply will continue to use this 13,200-square-feet space for its wholesale and warehousing business of HVAC equipment. Situated just minutes from Route 287, this property is within close proximity to many major Northern New Jersey highways, such as Routes 10 and 46 and Interstates 80 and 280. The building offers 14- to 22-foot ceilings, high loading and ample parking. "Z&Z Supply initially selected this property in 2000 because of its close proximity to Route 287 and the growing need to provide Johnstone products to this area," added Leitner. "I am pleased to have completed this renewal transaction on behalf of this long standing client, and I look forward to continuing to service its real estate requirements." 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 www.naihanson.com.
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