NAI James E. Hanson Negotiates Lease Expansion to Support Rapid Growth of Roofing Contractor in Elmwood Park, N.J.

Jan 23, 2020

Elmwood Park, N.J. (January 23, 2020)  – NAI James E. Hanson announces it has negotiated a 3,005-square-foot lease expansion at Elmwood Park Plaza at 475 Market Street in Elmwood Park, N.J. NAI James E. Hanson’s Randy Horning, MSRE, and Darren Lizzack, MSRE, represented the tenant, Peck Brothers LLC, in the transaction with the landlord, Alfred Sanzari Enterprises.

As one of the fastest growing professional roofing and sheet metal contractors in the northeast, Peck Brothers Roofing prides itself on providing value engineered solutions, superior products, and unmatched customer service. Specializing in commercial roofing services, Peck Brothers Roofing provides roof repair services, preventative maintenance, roof replacement, roof coating, roof snow removal, custom metal fabrication and installation, disaster, emergency response and recovery and solar roofing.

Originally leasing 4,970 square feet for their new headquarters at Elmwood Park Plaza in 2018, the firm’s substantial growth over the last year necessitated a larger footprint. Due to 475 Market Street’s proximity to Peck Brothers’ warehousing and distribution location as well as Alfred Sanzari Enterprises’ meticulous maintenance and management of the building, the growing business chose to expand their current office at the property.  NAI Hanson’s Lizzack and Horning facilitated the expansion process, helping Peck Brothers secure an additional 3,005 square feet, directly adjacent to their original suite.

Standing at 68,000 square feet, Elmwood Park Plaza’s location nearby major highways including I-80, the Garden State Parkway and Route 46 provides Peck Brothers with easy access to their customers throughout the New Jersey and the New York City metropolitan area.  The building also boasts ample surface and underground parking as well as ideal connectivity to a range of public transit options. For added convenience, the building is also within walking distance of a host of nearby retail options, including a brand-new Dunkin’ Donuts.

“With a large stock of older office buildings on the market today, ideally located and well-maintained properties like 475 Market Street will continue to have a leg up over outdated and functionally obsolete spaces,” said Horning. “We are confident that the property’s flexibility and central location will continue to support the growth of Peck Brothers Roofing and we were pleased to work with them to successfully complete the expansion process.”

Made up of Darren Lizzack, MSRE, and Randy Horning, MSRE, Team Lizzack-Horning of NAI James E. Hanson is an expert brokerage team that specializes in healthcare, office and investment property transactions. Named to the 2019 GlobeSt. Healthcare Influencers List, Team Lizzack-Horning has also become one of New Jersey’s most successful healthcare brokerage teams. More than just transaction managers, Team Lizzack-Horning adopts a holistic and analytical approach to real estate and has created a deep network of trusted professionals to help clients navigate the increasingly complex nature of today’s transactions. Together, the team has successfully closed more than 70 deals over the past four years. For more information or to learn about working with Team Lizzack-Horning, contact Darren by email at dlizzack@naihanson.com or phone at (201) 906-4376, or Randy by email at rhorning@naihanson.com or phone at (201) 478-7392.

 

Recent Post