NAI James E. Hanson Inks Lease of 0.77-Acre Industrial Lot in Jersey City, N.J.

Jul 20, 2022

Jersey City, N.J. (July 20, 2022)NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces the lease of a 0.77-acre lot at 35-47 Lewis Avenue In Jersey City, N.J. NAI James E. Hanson’s Andrew Somple, SIOR, represented the tenant, Veolia Water Contract Operations USA, Inc., and NAI James E. Hanson’s Jonathan Kristofich represented the landlord, Lewis Ave Holdings, LLC, in the transaction.

35-47 Lewis Avenue is a 0.77-acre level, flat lot with new pavement and fencing near the Tonnelle Avenue traffic circle, Routes 1, 9, 139 and 440and Interstate 280, as well as the New Jersey Turnpike. Featuring an electric gate, the site also contains an existing ± 3,000 SF service garage on the north side of the property.

Hoping to capitalize on the high demand for heavy industrial lots in prime locations such as Jersey City, the landlord tapped NAI James E. Hanson as the exclusive broker for the property. Working with their extensive list of local contacts, the firm secured a match between the landlord and Veolia Water Contract Operations USA, Inc.  The tenant intends to use the property for its field operations in Jersey City.

“Due to the nature of their work, Veolia needed a Jersey City location and Lewis Street satisfied that requirement,” said Somple. “In these situations, location is a key factor as tenants want to find space that has easy access to the major routes within the area they’re operating in. We’re happy to have used our resources to find a quality match between landlord and tenant.”

“While in contract to acquire 35 Lewis Avenue the landlord contacted me to market the property for lease alongside their existing property, 45-47 Lewis Avenue,” said Kristofich. “After bringing the property to market we quickly identified the tenant that perfectly fit what we had to offer.”

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