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HACKENSACK, N.J, APRIL 02, 2009 -NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, is pleased to announce that it has completed the sale of the property for the second Alfred N. Sanzari Medical Arts Building, an 85,000-square-foot state-of-the-art medical office facility that will be located at 180-184 Essex Street at Newman Street in Hackensack, New Jersey. NAI Hanson's Gary P. Sauerborn, Senior Vice President, represented the buyer, Alfred Sanzari Enterprises, a leading development organization, in this transaction. Essex Street in the City of Hackensack had been plagued for decades by limited potential of economic growth and stability. Wanting to contribute to the revival of their hometown, David Sanzari, owner of Alfred Sanzari Enterprises, plans to build a second 85,000 square-foot sophisticated medical office complex.. "The sale of this property represents another significant step in the revitalization of this neighborhood, as it illustrates a continued interest in the development of economically viable business district in the city of Hackensack. This will remain attractive to prospective tenants and new businesses and I am pleased to have been a part of this project" said Mr. Sauerborn 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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