NAI Hanson Appointed As Executive Sales Agent For Two Industrial/Flex Properties Located In Newburgh, NY

HACKENSACK, N.J, JUNE 02, 2009 -NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, announced today that it has been appointed the exclusive sales agent for two separate industrial/flex properties, which are located at 20-32 Deyo Place and 19-27 Deyo Place in Newburgh, New York. NAI Hanson's Kenneth D. Lundberg, SIOR, Senior Vice President, and Gregory D. Reid, Sales Associate, will be leading the marketing and sales efforts of these two properties on behalf of the owner, Ridgewood Corp.

 "These buildings are well-positioned and would be the perfect setting for a firm that is looking to increase storage and warehousing space for supplies and equipment in conjunction with a retail sale outlet.  The facility also offers direct access to locations throughout the Tri-State area..  We believe that we will find such an owner in this buyer's market; someone that is looking for a quality asset, in a good locations at a competitive price."

Both properties are located on Deyo Place, which sits directly off of Route 9W and is within close proximity to the New York State Thruway, Interstate 84 and Routes 32 and 17K.  More specifically, 20-32 Deyo Place was built in 1950 and is a 9,520-square-foot building, which is currently being utilized as a warehouse and retail operation for a local building supply company. The property is situated on a one-acre corner lot that also includes a 3,150-square-foot outdoor covered shed and a large yard area. The listing at 19-27 Deyo Place is a 13,090-square-foot facility, which has an additional 7,654 square feet of available space in the building's lower level and offers one tailgate and three drive-in bays. 

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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