NAI James E. Hanson Negotiates Lease for 1,560 Square Feet of Office Space in Avenel, N.J.

Oct 25, 2022

Avenel, N.J. (October 25, 2022) NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces it has negotiated a lease for 1,560 square feet of office space at 1030 St. Georges Avenue in Avenel, N.J. NAI James E Hanson’s Team Lizzack-Horning comprised of Darren Lizzack, MRSE, and Randy Horning, MSRE, represented the landlord, Avenel Medical Center, and Equity Real Estate Brokerage represented the tenant, R.W. Smith & Associates, LLC, in the transaction.

Located on the border of Avenel and Rahway, 1030 St. Georges Avenue is a four-story, 70,000-square-foot office building featuring both office and medical office space and ample on-site parking. With premier access to nearly 355,000 residents within five miles, the property also has proximity to major New Jersey roadways including Route 1/9 and the New Jersey Turnpike.

Chosen as the exclusive brokerage team for the property, Team Lizzack-Horning has been tasked with filling the building’s space with premier tenants that can benefit from its position near the highly trafficked New Jersey Turnpike. Looking to lessen its employee’s commutes, R.W. Smith & Associates, LLC, took interest in the property’s location and accessibility.

“It’s no surprise that users across all sectors want to decrease their employees’ commute times to improve their quality of life and hopefully increase their productivity,” said Lizzack. “Securing space at a centrally located building near the Turnpike is a great way to try and cut down on commute time while benefiting from the high-quality space found in towns like Avenel and Rahway.”

Founded in 2014, Team Lizzack-Horning is an expert brokerage team that specializes in healthcare, office, and investment property transactions. Leveraging a holistic and analytical approach to working with clients, Team Lizzack-Horning’s expertise and experience are augmented by a trusted network of real estate service providers that help clients of any size navigate an increasingly complex healthcare real estate transaction process. Together, the team has successfully closed more than 60 deals over the past twenty two months totaling more than $96.6 million.

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