NAI Hanson Negotiates Sale of 8,000-Square-Foot Office Building in Harding, N.J.

Jun 13, 2019

Harding, N.J. (June 13, 2019)NAI James E. Hanson announces it has negotiated the sale of an 8,011-square-foot office building at 906 Mt. Kemble Avenue in Harding, N.J. NAI James E. Hanson’s Michael Walters, SIOR, and Fernando Garip represented the seller, The Hampshire Companies, in the transaction with the buyer, HSD.

HSD, a medical and life sciences product development firm, had experienced substantial growth over the past several years and was looking to relocate from a smaller office along Mt. Kemble Avenue. Built in 1952, 906 Mt. Kemble Avenue is a three-story office building with a unique farmhouse design, mirroring the idyllic country setting of the surrounding area. In addition to the main building, there is a pizza restaurant of 800 square-feet. Less than 45 minutes from New York City and in close proximity to several international medical companies, 906 Mt. Kemble Avenue offers HSD the same high level of access to their clients in the tri-state area that they had enjoyed in their previous space.  The unique building provides HSD with a larger space to foster increased creativity and collaboration, which will allow them to build upon their four decades of work.

“For unique spaces like 906 Mt. Kemble, familiarity with both the office market and the companies within it are vital to our ability to negotiate a sale on behalf of our clients,” said Walters. “Our deep roots in the Morris County market and outside-the-box thinking allowed us to quickly identify an ideal buyer for this space who could recognize its full potential and bring this space to full occupancy once again.”

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