Market Insights

Park Ridge, N.J. (February 6, 2018) – NAI James E. Hanson is pleased to announce it has been named the exclusive leasing agent for One Maynard Drive, a 139,000-square-foot Class-A office building in Park Ridge, N.J. The assignment will be handled by NAI James E. Hanson’s Andrew Somple, SIOR, Scott Perkins, SIOR, CCIM, Judy Troiano, CCIM, CIPS, and Justin Allessio.

Saddle Brook, N.J. (January 31, 2018) – NAI James E. Hanson, a leading New Jersey-based full-service independent commercial real estate firm, announced it has brokered the sale of 431 Midland Avenue, a 10,200-square-foot industrial/flex building and 435 Midland Avenue, a 24,000-square-foot industrial/flex building in Saddle Brook, N.J. NAI James E. Hanson’s Anthony Cassano represented the seller and Kenneth Lundberg, and Patrick Lennon represented the buyer in the NAI James E. Hanson exclusive listing.

Flanders, N.J. (January 30, 2018) – NAI James E. Hanson announced the sale of two professional office condos totaling 1,510 square feet at 88 Bartley Flanders Road, Suites 101 and 108 in Flanders, N.J. NAI James E. Hanson’s Joseph Vindigni represented both the seller, William J. Habermann, and the buyer, Kiam & Abraham, LLC, in the transaction.

Hackensack, N.J. (January 25, 2018) – Peter Hanson, SIOR, Chairman of the Board of NAI James E. Hanson, was recently honored as the recipient of the Society of Industrial and Office Realtor’s (SIOR) Diamond Anniversary Torch in recognition of his 55 years of dedicated service to SIOR and the commercial real estate industry.

Hackensack, N.J. (January 24, 2018) – NAI James E. Hanson, a leading New Jersey-based full-service commercial real estate firm, has announced that Steve Pastor, Vice President of NAI James E. Hanson’s Global Supply Chain & Ports/Rail Logistics Practice, has been named the Chair of NAI Global’s 2018 Industrial Council. Pastor has served as the NAI Global Industrial Chair since 20

Parsippany, N.J. (January 17, 2017) – Commercial Realty Group (CRG), a full-service real estate operating company with a 40 year history of providing high-quality office and industrial space, announces that it is nearing completion of a major renovation project at 111 Littleton Road in Parsippany, N.J. The renovations to the building were designed and managed by Paul Newman of Kimmerle Newman. Site renovations were designed and managed by Mario Ionelli and Steve Borghio of Borghio & Dewberry. CRG has retained the services of NAI James E. Hanson, a leading New Jersey-based full-service independent commercial real estate firm, as the exclusive leasing agent for the building. The renovation is slated for completion in 1Q 2018.

Parsippany, N.J. (December 22, 2017) – NAI James E. Hanson, a leading New Jersey-based full-service commercial real estate firm, announces that John J. Koch (“LJ”) has joined its Parsippany office as a sales associate. Koch will work with senior vice president Barry Cohorsky, SIOR.  LJ will focus on both sales and leasing in the Morris County and the overall northern New Jersey marketplace with a concentration in the industrial/warehouse arena.

Hackensack, N.J. (December 18, 2017) – NAI James E. Hanson, a leading New Jersey-based full-service independent commercial real estate firm, announced it has brokered the lease for 2,600 square feet of office and retail space at 151 Hudson Street in Hackensack, N.J. NAI Hanson’s Anthony Cassano represented the landlord, Walter Siegordner, and the tenant, Diego Guadalupe DBA as Roll Star LLC, in the transaction

Mountain Lakes, N.J. (December 13, 2017) – NAI James E. Hanson, a leading New Jersey-based full-service independent commercial real estate firm, announced they have sold The Plaza at Mountain Lakes, an 11,000-square-foot office building at 60 Midvale Road in Mountain Lakes, N.J. NAI Hanson’s Andrew Kirshenbaum, Barry Meyer, Arthur Hixson, Josh Levering, SIOR and Nicholas DePaolera all worked on behalf of seller, 60 Midvale, LLC, on this sale.  The buyer, Giovanna Levato was by the Law Offices of Antonietta L. Milelli, LLC.