Paramus, N.J. (September 27, 2022) – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces it has negotiated the lease for 7,287 square feet of medical office space at 140 Route 17 North in Paramus, N.J. NAI James E Hanson’s Team Lizzack-Horning comprised of Darren Lizzack, MRSE, and Randy Horning, MSRE, represented the tenant, Lall Orthopedics, LLC, in the transaction.
Positioned in the heart of Bergen County, 140 Route 17 North is a 65,000-square foot medical office building featuring 10’ ceiling height and ample on-site parking. Strategically positioned near the intersection of Routes 4 and 17, the building offers outstanding accessibility to patients throughout northern New Jersey.
Relocating from Chicago, Illinois, the tenant took interest in the property’s location and visibility within Bergen County and will use the space to operate an orthopedic and physical therapy practice.
“Northern New Jersey has a solidified reputation for providing the highest quality healthcare services to patients in need,” said Lizzack. “It’s due to that reputation that healthcare providers continue to see tremendous competition to secure visible and accessible office space within the area. We’re proud to have been able to provide the services needed to help both of our clients and are happy to play a role in providing the Paramus community with an in-demand service.”
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 eighteen months.