NAI Hanson Partners with Washington Town Center to Market 109,544-SF Retail and Office Space in Washington Township, N.J.

Jan 13, 2015

Washington Township, N.J. (JAN. 13, 2015) – NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, today announced that it has been hired as the exclusive leasing agent for the 109,544-square-foot Washington Town Center at 315 Pascack Road in Washington Township, New Jersey. Currently, eight retail units – ranging from 1,310 square feet to 3,205 square feet – are unoccupied. A 1,322-square-foot office is available for lease as well.

NAI Hanson sales associate Jill Gordon will lead marketing and leasing efforts. “The inquiries have been numerous in since we started marketing the property” commented Jill. Gordon added that in the 30 days since NAI Hanson has been marketing space at the center, there has been strong interest from potential tenants, including new leases with two retailers, who will have grand openings in the spring of 2015.

Under new management by De Mattheis Real Estate, the center is undergoing a number of upgrades, including updated landscaping, lighting and general upgrading of the center. “This center will be a jewel once again in this vital market,” commented Steve De Mattheis, owner of De Mattheis Real Estate.

Located on Pascack Road at Exit 168 off the Garden State Parkway, this center’s convenient location has been a drawing point for a number of brand-name tenants that currently occupy the center. These include A&P, the U.S. Postal Service, PNC Bank, Bowtie Cinema, Subway, Dunkin’ Donuts, Dairy Queen and Rite Aid which is in the midst of a multimillion dollar renovation which will mirror its new flagship store in Waldwick NJ on Franklin Turnpike.

In addition to its advantageous location, Washington Town Center offers its tenants access to an affluent local customer base. Within a three-mile radius, the average household income is nearly $150,000 per year.

“With its ideal location, its existing roster of premier tenants and the area’s demographics, Washington Town Center is an optimal solution for retail, service or dining establishments,” Gordon said. “The mix of retailers and other businesses give local residents reason to visit the center everyday, and we’re looking forward to keeping 315 Pascack Road filled with great businesses.”

Prospective tenants can contact Jill Gordon by phone at 201 488 5800 (x132) or email at jgordon@naihanson.com.

To stay connected with NAI James E Hanson and for updates on the latest transactions and news, please follow NAI Hanson on Facebook (www.facebook.com/NAIHanson), Twitter (@NAI_Hanson), and LinkedIn (https://www.linkedin.com/company/nai-james-e-hanson).

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.

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