Market Insights

Sparta, N.J. (April 4, 2020) – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces it has negotiated the sale of a 10,400-square-foot spec industrial building at 7 Aaron Way in the White Lake Commerce Park in Sparta, N.J. NAI Hanson’s John Schilp represented the seller, JAM Properties, in the NAI James E. Hanson exclusive transaction.

Parsippany, N.J. (April 21, 2020) – NAI James E. Hanson announces it has negotiated a 1,880-square-foot office lease renewal at 354 Eisenhower Parkway in Livingston, N.J. NAI James E. Hanson’s Joshua Levering, SIOR, represented the tenant, The Durkin Firm, in the transaction with Eastman Management.

Charlotte, N.C. (April 14, 2020) – NAI James E. Hanson announces it has assisted NUS Consulting Group, an international energy management consulting firm, secure 2,049 square feet of office space at 7621 Little Avenue in Charlotte, N.C. As a member of NAI Global, an international commercial real estate network with over 375 offices spanning the globe, NAI James E. Hanson’s leasing team of Andrew Somple, SIOR, Justin Allessio and Judy Troiano was able to partner with Charlotte, N.C. based NAI Southern Real Estate to co-broker the lease deal on behalf of the tenant, NUS Consulting Group.

Secaucus, N.J. (April 9, 2020) – NAI James E. Hanson announces it has recently completed four office lease transactions at Harmon Meadow Office Complex located at 700 Plaza Drive in Secaucus, N.J. NAI James E. Hanson’s Josh Levering, SIOR, Nick DePaolera and Will Erickson represented the landlord, The Carlton Group, LLC, in the lease renewals. Tenants included an attorney, a medical device firm, a travel agent and an international industrial supply firm.

Park Ridge, N.J. (April 7, 2020) – NAI James E. Hanson announces it has negotiated a lease renewal for 12,015 square feet of office space at One Maynard Drive in Park Ridge, N.J. NAI James E. Hanson’s Andrew Somple, SIOR, Justin Allessio, and Judy Troiano, CCIM, represented the landlord, Sartak Holdings Inc., in this transaction with the tenant, Amica Mutual Insurance Company.

Fair Lawn, N.J. (April 1, 2020) – NAI James E. Hanson announces it has negotiated a lease for 1,273 square feet of medical office space with Jyoti Sadhana Center in Fair Lawn, N.J. NAI James E. Hanson’s Randy Horning, MSRE and Darren Lizzack, MSRE, represented the owner, Stonegate Realty, in the transaction.

Hackensack, N.J. (March 31, 2020) – NAI James E. Hanson announces it has negotiated a lease with MetroMultimedia for an 18,000-square-foot industrial building at 211 South Newman Street in Hackensack, N.J. NAI James E. Hanson’s Andrew Somple, SIOR, Scott K. Perkins, SIOR, and Justin Allessio represented the landlord, The Stro Companies, in the NAI James E. Hanson exclusive transaction.

Clifton, N.J. (March 26, 2020) – NAI James E. Hanson announces it has negotiated a lease extension for 21,895 square feet of medical office space with St. Joseph’s Hospital and a new lease for 5,050 square feet of medical office space with Dentistry for Children at 1135 Broad Street in Clifton, N.J. NAI James E. Hanson’s Randy Horning, MSRE and Darren Lizzack, MSRE represented the landlord, First Equity Development Company, in the transactions. St. Joseph’s Hospital was represented by Peter Rasmusson, Joe Tormen, and Michael Willis of Lee & Associates and Dentistry for Children was represented by Joe Lombardi of Masserano Real Estate and Consulting, Inc.

Elmwood Park, N.J. (March 25, 2020) – NAI James E. Hanson announces it has completed the sale of a 16,000-square-foot industrial/flex building at 55-57 Bushes Lane in Elmwood Park, N.J. NAI James E. Hanson’s Josh Levering, SIOR, and Nick DePaolera represented the seller, RN Foster Associates LLC, and Mission Realty represented the buyer, Bushes Lane Realty Corp.

Wyckoff, N.J. (March 24, 2020) – NAI James E. Hanson announces it has negotiated a lease for 16,500 square feet of industrial/flex space at 500 West Main Street in Wyckoff, N.J. NAI James E. Hanson’s Andrew Somple, SIOR, and Justin Allessio represented the landlord, The Stro Companies, in the transaction with the tenant, PRE Sales Inc.