Teterboro, N.J. (May 9, 2017) – NAI James E. Hanson, a leading New Jersey-based full-service independent commercial real estate firm, announced that it has negotiated two leases in Teterboro, N.J. NAI Hanson’s Jeff DeMagistris and Tom Vetter represented the landlord, Teterboro 2004, LLC , in a 29,214-square-feet lease to Ebin New York, Inc at 506 Route 46 West. DeMagistris and Vetter also represented the landlord, Green Street Corner, Inc., in a 24,560-square-foot lease to and the tenant, Everbeauty, Inc., for industrial space at 10 Henry Street.
Ebin New York, Inc. and Everbeauty Inc. are both growing warehouse distributors of hair care products that were seeking well-located properties that allowed them to quickly distribute their wholesale products to retailers across the New York City metro area.
Ebin New York will relocate from Englewood, N.J. taking a portion of the 77,804-square-foot industrial flex space at 506 Route 46 West. The building features 9,340 square feet of showroom/office space and two loading docks and one drive-in. Young Lee of Eastern Realty, Inc. represented Ebin New York Inc. in the transaction.
Relocating from Moonachie, Everbeauty, will occupy the entire building at 10 Henry Street. The property features two loading docks with levelers and two drive-ins, ample parking and easy access to Routes 17 and 46. Palestina Properties represented Everbeauty in the transaction.
“Both of these spaces provide Ebin New York and Everbeauty with the accessible and well located spaces they were seeking for their relocations. These deals highlight the continued demand for well-located industrial spaces in the Bergen County industrial market,” said Vetter. “Although e-commerce is the major buzzword in this marketplace right now, Bergen County’s location and proximity to major area highways also makes it an attractive area for all types of businesses looking for quality brick and mortar locations. These deals showcase the potential of this marketplace and, in particular, the wide range of possible uses available to companies within it.”
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About NAI James E. Hanson
Since 1955, NAI James E. Hanson has been a leading independent full-service brokerage commercial real estate and property management firm serving a diverse client list. NAI Hanson offers its clients strategic solutions and provides comprehensive value-added services such as office, industrial and retail brokerage, investment sales, land sales, management, government services and financing expertise.
NAI Hanson is also one of the original members of NAI Global, an international commercial real estate network with 400 offices spanning the globe. For more information on NAI James E. Hanson, contact William C. Hanson, SIOR, at the company’s Hackensack office at 201-488-5800 or visit www.naihanson.com.