Market Insights

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.

Teterboro, N.J. (November 28, 2018) – NAI James E. Hanson is happy to celebrate Treasurer, Joan Hoerauf’s, 50th anniversary of working with the firm.

Bloomingdale, N.J. (November 21, 2018) – NAI James E. Hanson, a leading New Jersey based full-service independent commercial real estate firm, announces the sale of a 2,200-square-foot commercial building at 217 Hamburg Turnpike and a 1,200-square-foot two-family home at 219 Hamburg Turnpike in Bloomingdale, N.J. NAI James E. Hanson’s LJ Koch represented the seller Waldo, LLC, in the NAI James E. Hanson exclusive transaction.

Park Ridge, N.J. (November 14, 2018) – NAI James E. Hanson announces it has brokered a long-term lease for 8,000 square feet of office space with Wainscot Media at One Maynard Drive, a 139,000-square-foot Class-A office building in Park Ridge, N.J. NAI James E. Hanson’s Andrew Somple, SIOR, Judy Troiano, CCIM, CIPS, and Justin Allessio represented the landlord, Sartek, in the transaction.

Montvale, N.J. (October 15,, 2018) –NAI James E. Hanson has negotiated the sale of a 14,000-square-foot office building at 50 Craig Road in Montvale, N.J. NAI Hanson’s John J. Schilp represented the seller, Premier Associates, LLC,  in the NAI James E. Hanson exclusive transaction.

Fair Lawn, N.J. (October 09, 2018) – NAI James E. Hanson announces the sale of a 32,483-square-foot industrial building at 17-09 Zink Place in Fair Lawn, N.J. NAI Hanson’s team of Jeff DeMagistris, SIOR, and Tom Vetter, SIOR, represented the buyer, A Cubed LLC, in the transaction with BGL Properties.

Parsippany, N.J. (September 27, 2018) – Executives from NAI James E. Hanson, a leading New Jersey based full-service independent commercial real estate firm, and Commercial Realty Group (CRG) were joined by State Senator Anthony Bucco, State Assemblyman Jay Webber, and Parsippany Township Council members, Loretta Gragnani and Michael DePierro to celebrate the ribbon cutting for 111 Littleton Road, a renovated 36,289-square-foot three-story office building at the intersection of I-80 and I-287 in Parsippany, N.J.

Lodi, N.J. (September 27, 2018) – NAI James E. Hanson announces the sale of a 73,373-square-foot industrial building at 39 Robinson Road in Lodi, N.J. NAI Hanson’s team of Scott Perkins, SIOR, Andrew Somple, SIOR, Greg James, Christopher Todd and Justin Allessio represented the seller, AEW, in the transaction with Mood Fabrics.

Parsippany, N.J. (September 21, 2018) –NAI James E. Hanson has negotiated a lease for an approximately 12,000-square-foot retail/showroom building with Home Comfort Furniture at 120 Rt. 46 W. in Parsippany, N.J. NAI Hanson’s Randy Horning and Darren Lizzack represented the tenant, Home Comfort Furniture, and the landlord, Peak Realty Enterprises LLC, in the NAI James E. Hanson exclusive transaction.