Hasbrouck Heights, N.J. – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, along with Bridge Logistics Properties (“BLP”), a subsidiary of Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”) announces it has negotiated two industrial lease renewals totaling 87,229 square feet at 5 Plant Road in Hasbrouck Heights, N.J. NAI James E. Hanson’s Scott K. Perkins, SIOR, CCIM, Christopher Todd, SIOR and William Ericksen, CCIM represented the landlord Bridge Logistics Properties, while Newmark represented the tenant, Skyline Windows, LLC and Cushman & Wakefield represented tenant, Direct Freight Express (DFX), in the transaction.
“We’re excited to retain both Skyline and DFX following our acquisition. Their decision to renew shows that tenants continue to value properties that are functional, well located, and benefit from institutional ownership and management,” said Hank Klehm, Vice President, Asset Management of BLP.
“Skyline Windows and DFX’s decision to renew their leases highlights the continued desirability to well-located industrial properties,” said Perkins. “In a time when many businesses are looking to cut costs by relocating or downsizing, 5 Plant Road continues to provide a superior experience that supports the continued growth of each of its tenants.”
Conveniently located within the Meadowlands submarket, 5 Plant Road is easily accessible from nearby Route 17, 46, I-80 and the NJ Turnpike and Garden State Parkway. The building spans 206,458 square.
A 24,267-square-foot unit is currently available at the nearly fully-leased property. To learn more, please contact Perkins at 201-488-5800 ext. 156 or sperkins@naihanson.com, Todd at 201-488-5800 ext. 117 or ctodd@naihanson.com, or Ericksen at 201-488-5800 ext. 112 or wericksen@naihanson.com.
About NAI James E. Hanson
Since 1955, NAI James E. Hanson has been a leading independent full-service brokerage commercial real estate and property management firm serving a diverse client list. NAI Hanson offers its clients strategic solutions and provides comprehensive value-added services such as office, industrial and retail brokerage, investment sales, land sales, management, government services and financing expertise.
NAI Hanson is also one of the original members of NAI Global, an international commercial real estate network with over 325 offices spanning the globe. For more information on NAI James E. Hanson, contact William C. Hanson, SIOR, at the company’s Hackensack office at 201-488-5800 or visit www.naihanson.com.
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