Waldwick, N.J. (February 3, 2017) – NAI James E. Hanson, a leading New Jersey-based full-service independent commercial real estate firm, announces it has negotiated a lease for 9,250-square-feet of industrial space at 6 William Demarest Place in Waldwick, N.J. to Armistead Mechanical, Inc., a leading industrial piping contractor in the New York/ New Jersey area. NAI Hanson’s Ken Lundberg, SIOR, Dominic Fittizzi, and Patrick Lennon presented the landlord, Waldwick III Associates, in the lease transaction.
In business for over 100 years, Armistead Mechanical has grown to become one of largest employers of plumbers and pipefitters in New Jersey and the New York Hudson Valley region. Its current headquarters on Hooper Avenue is directly across the street from this new location. As Armistead Mechanical sought to expand its business, 6 William Demarest provided the company with the perfect opportunity to accommodate its continued growth in a flexible and convenient location.
6 William Demarest, located nearby to Route 17, boasts 9,250-square-feet of space including 3,500-square-feet of office space. With one tailgate and one drive-in, the building allows for Armistead Mechanical to store and transfer equipment and supplies quickly to ensure increased efficiency.
“We were able to find an immediate tenant for our client due to our in-depth knowledge of the marketplace,” said Lundberg. “With a growing business just across the street, we knew that 6 William Demarest Place provided Armistead Mechanical with the ample space it needs to expand its business while remaining in its current headquarters and continuing to be a fixture of the Waldwick business community. It was a great fit for both our client and the tenant.”
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.