River Edge, N.J. (December, 2015) – NAI James E. Hanson, a leading New Jersey-based independent full-service commercial real estate firm, announces it has brokered a long-term lease deal for Regency Memory Care Club, an affiliate of First Healthcare Management Company at 91 Route 4 East in River Edge, N.J. NAI Hanson’s Anthony Cassano and Pablo Castro negotiated the 7,500-square-foot lease deal and consulted on site selection on behalf of Regency Memory Care Club. Regency Memory Care Club offers a superior alternative to an assisted living facility for individuals in need of Alzheimer and Dementia care offering innovative adult day care for seniors. Philsa Corporation owns the building.
With a flagship location in Toms River, N.J. Cassano and Castro helped Regency Memory Care Club select a non-traditional site in a retail center for their expansion into northern New Jersey. The retail location provides the space and flexibility that Regency Memory Care Club requires for the specialized services it provides. Additionally the space offers excellent visibility and demographics well suited for the highly personalized care center.
“We spent several months with Regency Memory Care Club ensuring we understood their unique needs in order to provide them with the best site selection for their expansion into Bergen County,” said Cassano. “Specialized care centers that offer an alternative to assisted living facilities such as this one will continue to be in demand as the Baby Boomer generation ages and we anticipate seeing more demand for space from these types of organizations.”
91 Route 4 East is located near Route 17, The Garden State Parkway, I-80 East and the I-95 Express. Regency Memory Care Club will host a grand opening on November 1, 2015, from 11 AM – 1 PM at its new River Edge, N.J. facility.
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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.