NAI James E. Hanson Negotiates Lease to Bring Psychiatry Practice to Englewood, N.J.

Jan 5, 2023

Englewood, N.J. (January 17, 2023)NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces it has negotiated a lease for 700 square feet at 155 North Dean Street in Englewood, N.J. NAI James E. Hanson’s Team Lizzack-Horning comprised of Darren Lizzack, MRSE, and Randy Horning, MSRE, represented the landlord, North Dean Equities Group, LLC, in the transaction with tenant, Michael Lienhard Psychiatry, LLC, who was represented by Prominent Properties Sotheby’s International Realty.

Home to a diverse array of professional, healthcare and fitness tenants, 155 North Dean Street is a five-story, 25,000-square-foot office building just one block from Englewood Hospital. Centrally located just steps from downtown Englewood, the property features ample on-site parking and professional on-site property management. In addition, the property is accessible via interstates 80 and 95 as well as Route 4 and the Palisades Interstate Parkway, making 155 North Dean Street one of the area’s most sought-after office buildings.

Tapped as the exclusive brokerage firm for the property in March 2021, NAI James E. Hanson have utilized their extensive resources to market the property’s leasing availabilities. On the lookout for space to relocate their psychiatry practice to New Jersey, the tenant took interest in the property’s attractive location, premier access to New York City, parking accessibility and move-in ready build-out.

“As demand for mental health services increases, it’s vital for service providers to secure locations that can best serve the growing need of patients around the region,” said Lizzack. “Properties such as 155 North Dean Street offer tremendous benefits to patients in need as it’s within walking distance of one of New Jersey’s leading hospitals and is accessible from many of the state’s major roadways. In addition, the move-in ready suite offered the tenant a smooth transition into their new space so they can begin helping patients in quick fashion.”

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 70 deals over the past 24 months totaling more than $100 million.

To stay connected with NAI James E. Hanson and for updates on the latest transactions and news, please follow NAI Hanson on Facebook, Twitter, and LinkedIn.

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