Market Insights

Montclair, N.J. (February 12, 2019) – NAI James E. Hanson has negotiated the sale of a 3,469-square-foot mixed-use office/retail building at 555 Bloomfield Avenue in Montclair, N.J. NAI James E. Hanson’s Michael Walters and Fernando Garip represented the seller in the transaction.

Hackensack, N.J. (January 29, 2019) – NAI James E. Hanson has negotiated the sale of a 7,800-square-foot industrial/flex building at 238 High Street in Hackensack, N.J. NAI James E. Hanson’s vice president Anthony Cassano represented the seller, High Street Hackensack LLC, and the buyer, Vanore Electric, in the NAI James E. Hanson exclusive transaction.

Cranbury Township, N.J. (January 25, 2019) – NAI James E. Hanson, a leading New Jersey-based full-service independent commercial real estate firm, announces it has negotiated a 13,600-square-foot lease at 3 Corporate Drive in Cranbury Township, N.J. NAI James E. Hanson’s Steven Leitner represented the tenant, Johnstone Supply, in the transaction. The Landlord, Kerzner Associates, was represented by its President, Sandy Kerzner.

New Milford, N.J. (January 24, 2019) – NAI James E. Hanson has negotiated a lease for a pad site at the future home of ShopRite on River Road and Main Street in New Milford, N.J. NAI Hanson’s Joan Cenicola represented the tenant, Wells Fargo, in the transaction.

Piscataway, N.J. (January 15, 2019) – NAI James E. Hanson, a leading New Jersey based full-service independent commercial real estate firm, announces it has negotiated the sale of a 41,700-square-foot industrial building at 727 South Avenue in Piscataway, N.J. to Cavalli Cabinets, LLC. NAI James E. Hanson’s Eric Demmers and Russell Verducci represented the buyer, Cavalli Cabinets, LLC in the transaction with the seller, Deals for Less, LLC

Mahwah, N.J. (January 9, 2019) – NAI James E. Hanson, a leading New Jersey based full-service independent commercial real estate firm, announces it has negotiated a lease for 9,831 square feet of office space at 25 Edison Road in Mahwah, N.J. NAI James E. Hanson’s John J. Schilp  represented the tenant, Emersion Schools LLC, and the landlord, Ronald Striegel & 325 E. 90th St., LLC in the transaction.

Pohatcong, N.J. (January 3, 2018) – NAI James E. Hanson announces it has arranged the sale of 170 acres of land along Carpentersville Road and High Street in Pohatcong, N.J. NAI James E. Hanson’s John J. Schilp and Tom Ryan represented the sellers and each of the three buyers in the transaction.

Ridgewood, N.J. (December 17, 2018) – NAI James E. Hanson, a leading New Jersey-based full-service independent commercial real estate firm, announces it has negotiated the sale of a 9,242-square-foot medical office building at 265 Ackerman Avenue in Ridgewood, N.J. NAI James E. Hanson’s Randy Horning, MSRE, and Darren Lizzack, MSRE, represented the buyer in the transaction.

Newark, N.J. (December 14, 2018) – NAI James E. Hanson, a leading New Jersey based full-service independent commercial real estate firm, announces it has brokered a lease for 46,130 square feet of industrial space at 16 Herbert Street in Newark, N.J. NAI James E. Hanson’s Barry Cohorsky, SIOR, and John Koch represented the tenant, Eternity Crystal Logistics, in the transaction.

Parsippany, N.J. (December 3, 2018) – NAI James E. Hanson, a leading New Jersey-based full-service commercial real estate firm, announces that Gates W. Frassetto has joined its Parsippany, N.J. office as a sales associate. Frassetto will work closely with the team of Josh Levering, SIOR and Barry Cohorsky, SIOR on office and industrial sales and leasing.