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HACKENSACK, N.J, APRIL 10, 2009 -NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, has been selected as the exclusive listing agent for 56,920 square feet of industrial/office flex space within a single-story 85,390-square-foot facility located at 211 Mount Prospect Avenue in Clifton, New Jersey. Jeffrey W. DeMagistris and Thomas A. Vetter, both Associate Vice Presidents at NAI Hanson, are responsible for managing leasing efforts on behalf of the property owner, 211 Mt. Prospect Properties, LLC. "Passaic County is fast becoming a convenient alternative for companies in New York and Connecticut that are looking to reduce their warehousing costs while still being conveniently located to the Tri-State's viable distribution and transportation hubs as well as the region's main thoroughfares," stated DeMagistris. "Situated in the Route 3/Garden State Parkway industrial submarket, we believe that the available space in this quality asset will be attractive to a multitude of prospective tenants, due to the competitive price point that the landlord is able to offer based on its location, as well the ability and flexibility to utilize the space to meet either the office or industrial needs of a potential tenant." Built in 1949, this facility sits on nearly four acres of land and features amenities such as 107 free surface parking spaces, seven exterior tailgates, 16 - 20 foot ceiling heights, 4,000 amps, 1,600 volts, central air conditioning available in the office areas, gas heat, concrete floors, 20' by 40' column spacing and tremendous access to the Port of [TV1] Newark[TV2] , the Garden State Parkway, and Routes 3, 21 and 46. Currently 33 percent occupied, this facility is home to tenants including All Seasons Moving, Eddie's Cleaners and Safer Wet Printing. The facility has 56,920 square feet of industrial/office flex space available within two separate units. Unit B is made up of 42,460 square feet of industrial space, which includes four tailgates, and has an additional 5,000 square feet of office space available. Unit C is comprised of 14,460 square feet of industrial space, which includes three tailgates, and includes 300 square feet of available office space. "We are excited to have the opportunity to market such an outstanding asset, which is well positioned in a densely populated area that benefits from its robust manufacturing and distribution market," remarked Vetter. "We remain confident in our ability to match the right tenant with this space on behalf of our client on agreeable terms for both parties." 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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