Market Insights
NAI James E. Hanson Promotes Russell J. Verducci to Vice President
Hackensack, N.J. (June 5, 2018) – NAI James E. Hanson announced the promotion of Russell J. Verducci to Vice President. Verducci specializes in industrial transactions in the northern New Jersey marketplace with a focus on logistics, site selection, and cold storage.
NAI Hanson Negotiates Sale to Bring Surgery Practice to River Edge, N.J.
River Edge, N.J. (May 24, 2018) – NAI James E. Hanson announces the sale of a 3,112-square-foot office condo at 63 Grand Avenue in River Edge, N.J. NAI Hanson’s Darren Lizzack, MSRE, Randy Horning, MSRE, and Michael Guerra represented the buyer, Dr. Dan S. Landmann, and Joe Tormen of Lee & Associates represented the seller, 63 Grand Ave, LLC in the transaction.
NAI Hanson Negotiates Sale of 45,000-Square-Foot Elmwood Park Industrial/Flex Building in Exclusive Listing
Elmwood Park, N.J. (May 22, 2018) – NAI James E. Hanson announces it has negotiated the sale of a 45,000-square-foot industrial/flex building at 475 Mola Boulevard in Elmwood Park, N.J. NAI James E. Hanson’s Jeff DeMagistris, SIOR, Tom Vetter, SIOR, and Tom Ryan represented the seller, 475 Boulevard, LLC, in the sale to Millstein Acquisitions in the NAI James E. Hanson exclusive listing.
NAI James E. Hanson Brokers Three Industrial / Flex Lease Renewals at the Van Brunt Business Center in Englewood, N.J.
Englewood, N.J. (May 17, 2018) – NAI James E. Hanson announces it has brokered three lease renewals at the Van Brunt Business Center in Englewood, N.J. Marathon Enterprises renewed their 5,000-square-foot lease at 9 Smith Street, GNS Trading Corp re-signed for 5,000 square feet at 21 Smith Street and ForTec Medical renewed their 5,000-square-foot lease at 41 Smith Street. NAI Hanson’s Ken Lundberg, SIOR, Steve Pastor, and Patrick Lennon represented the landlord, West Forest Avenue Industrial, Inc. and the tenants in the transactions at 9 and 41 Smith Street. Young Lee of Eastern Realty represented GNS Trading Corp in their renewal negotiation at 21 Smith Street.
NAI Hanson’s Cohorsky, Koch, and Schilp Help Tire Recycler Find Home in Elizabeth, N.J
Elizabeth, N.J. (May 15, 2018) – NAI James E. Hanson announces it has brokered a lease for 28,900 square feet of industrial space with NJ Rubber, LLC at 475 Division Street in Elizabeth, N.J. NAI James E. Hanson’s Barry J. Cohorsky, SIOR, LJ Koch and John Schilp...
NAI Hanson Bolsters Brokerage Team with Addition of New Sales Associate
Hackensack, N.J. (May 10, 2018) – NAI James E. Hanson announces that Susan Fox has joined its Hackensack, N.J. office as a Sales Associate. Susan will work exclusively with Steve Pastor, Vice President, Global Supply Chain & Ports/Rails Logistics Practice, on...
NAI James E. Hanson Releases 1Q 2018 Northern & Central New Jersey Industrial Market Report
Hackensack, N.J. (May 8, 2018) –NAI James E. Hanson released its 1Q 2018 Northern and Central New Jersey Industrial Market Report detailing leasing and sales data for key industrial submarkets. The report highlights record-high levels of continued demand for quality...
NAI Hanson’s Kirshenbaum and Ryan Help Secure Home for New Business in Chatham, N.J.
Chatham, N.J. (May 3, 2018) – NAI James E. Hanson it has brokered a lease for 4,580 square feet of office space with Village Play Café, LLC, at 17 Watchung Avenue in Chatham, N.J. NAI James E. Hanson’s Andrew Kirshenbaum and Tom Ryan represented both the landlord,...
NAI Hanson’s Cassano Negotiates Sale of Professional Office Building in Teaneck, N.J.
Teaneck, N.J. (May 2, 2018) – NAI James E. Hanson announced it has negotiated the sale of a 4,300-square-foot professional office building located at 696 Palisade Avenue in Teaneck, N.J. NAI James E. Hanson’s Anthony Cassano represented the buyer, Destames Realty LLC,...
NAI Hanson Helps Negotiate Long-Term Lease to Bring Laundry Products Manufacturer and Distributor to Ramsey, N.J.
Ramsey, N.J. (April 25, 2018) – NAI James E. Hanson announces it has brokered a lease for 40,000 square feet of industrial space to Handy Laundry at 50 Spring Street in Ramsey, N.J. NAI Hanson’s Kenneth Lundberg, SIOR, Gary Sauerborn, and Patrick Lennon represented...