Market Insights

North Bergen, N.J. (August 26, 2020) – NAI James E. Hanson announces it has negotiated a lease for 2,700 square feet of medical office space at 8305 Bergenline Avenue in North Bergen, N.J. NAI James E. Hanson’s Darren Lizzack, MSRE, and Randy Horning, MSRE, represented the landlord, The Estate of Robert Birns, in the transaction with the tenant, Holy Name Real Estate Group, which was represented by Jonathan Marks of Cresa.

Parsippany, N.J. (August 25, 2020) – NAI James E. Hanson announces it has negotiated a lease for 2,250 square feet of office space located at 108 Route 46 in Parsippany, N.J. NAI James E. Hanson’s Randy Horning, MSRE, and Darren Lizzack, MSRE, represented the landlord, Peak Realty Enterprises, in the transaction with Care Finders Total Care, LLC.

Elizabeth, N.J. (August 24, 2020) – NAI James E. Hanson announces it has negotiated the sale and leaseback of an 8.25-acre last-mile site at 349-369 First Street in Elizabeth, N.J. NAI James E. Hanson’s Scott Perkins, SIOR, Christopher Todd, Russell Verducci, SIOR, and Eric Demmers represented the buyer, CenterPoint Properties, and Marc Imrem, J.D. DeRosa, and Colby Moore from Transwestern in Chicago represented the seller, Coach USA.

Teterboro, N.J. (August 18, 2020) – NAI James E. Hanson has announced that Vice President Russell Verducci has earned his Society of Industrial and Office Realtor’s® (SIOR) designation.

Parsippany, N.J. (August 12, 2020) – NAI James E. Hanson announces it has negotiated a lease for 119,366 square feet of industrial space at 75 Lackawanna Place in Parsippany, N.J. NAI James E. Hanson’s Scott Perkins, SIOR, represented the owner, Bee DIC Realty, in the transaction with the tenant, Commercial Furniture Transport, who was represented by Howard Weinberg of JLL.

Bergenfield, N.J. (August 6, 2020) – NAI James E. Hanson announces it has negotiated the sale of a 5,000-square-foot mixed-use building located at 205-207 North Washington Avenue in Bergenfield, N.J. NAI James E. Hanson’s Anthony Cassano represented both the seller, JAH Realty Associates, and the buyer, TLC Ventures, in the transaction.

Totowa, N.J. (July 28, 2020) – NAI James E. Hanson announces it has negotiated the sale of a 119,592-square-foot industrial building at 922 Riverview Drive in Totowa, N.J. NAI James E. Hanson’s Scott Perkins, SIOR, and Christopher Todd represented the seller, 922 Riverview Drive Associates, in the transaction. McBride Corporate Real Estate represented the buyer, Innovative Cosmetic Concepts.

Randolph, N.J. (July 21, 2020) – NAI James E. Hanson announces it has negotiated the sale of a 18,729-square-foot industrial building at 246 South Salem Street in Randolph, N.J. NAI James E. Hanson’s Team of Jonathan Kristofich and John Schilp represented the buyer, Salem Enterprises, LLC, and seller, a private Estate administered through JP Morgan Chase’s Estates & Trusts group, in the NAI James E. Hanson exclusive transaction.

Teterboro, N.J. (July 9, 2020) – NAI James E. Hanson announces that Lorenzo Lambiase has received his MBA with a concentration in Finance from Farleigh Dickinson University in Florham Park, N.J. Through the completion of his MBA, Lambiase will be able to build on...

Netcong, N.J. (July 7, 2020) – NAI James E. Hanson announces it has negotiated the sale of a 2,100-square-foot mixed use building located at 36 Main Street in Netcong, N.J. NAI James E. Hanson’s Joe Vindigni represented the landlord, Robert McElroy, in this transaction with the buyer, DN Realty LLC.