Verona, N.J. (February 24, 2022) – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces it has negotiated a lease for 6,266 square feet of medical office space at 825 Bloomfield Avenue in Verona, N.J. NAI James E. Hanson’s Team Lizzack-Horning led by Darren Lizzack, MSRE, and Randy Horning, MSRE, represented the tenant, Geria Dermatology, LLC in the transaction with the landlord, Arcadian Professional Properties NJ LLC, who was represented by James DiOrio of Berkshire Hathaway.
825 Bloomfield Avenue spans 19,000 square feet of easily adaptable built-to-suit modern medical space in a highly accessible location. Since the completion of the property’s recent capital improvement plan, 825 Bloomfield Avenue has consistently attracted high-quality medical tenants. Based in Rutherford, N.J., Geria Dermatology hoped to expand to a second location in northern New Jersey and tapped Team Lizzack-Horning to find a space in the competitive healthcare market.
“Northern New Jersey’s healthcare sector continues to see significant competition and it can often be difficult for tenants to find suitable spaces,” said Horning. “However, by working with an experienced and knowledgeable brokerage team, tenants like Geria Dermatology can successfully navigate this challenging market and find spaces that meet their unique needs.”
Founded in 2014, Team Lizzack-Horning is an expert brokerage team that specializes in healthcare, office and investment property transactions. Leveraging a holistic and analytical approach to working with clients, Team Lizzack-Horning’s expertise and experience are augmented by a trusted network of real estate service providers that help clients of any size navigate an increasingly complex healthcare real estate transaction process. Together, the team has successfully closed more than 140 deals over the past eight years.