Press Release brought to you by Lee & Associates



ELMWOOD PARK, NJ -- September 22, 2014 -- Lee & Associates New Jersey today announced that they were selected by Paragano Enterprises, owner of IDEAL Professional Park, as exclusive leasing agent and property manager for this multi-tenanted medical and office complex in Union, New Jersey. 

The Lee & Associates New Jersey team overseeing and handling this assignment includes exclusive brokers Jason Lynch, Brian Lynch and Erica Davidson.

IDEAL Professional Park, located at 2333 Morris Avenue in Union, is comprised of four two-story buildings (90,000 s/f of prime medical and office suites) with a rental cost of $26.00 per square foot plus TE.   Suites sizes range from 672 s/f to 4,032 s/f and the property offers storage units,nightly professional cleaning, the best parking ratio in the area and is located on a corner lot with a traffic light.  The on site restaurant, pharmacy, and Lab Corp office are additional benefits to the Tenants.   The property is located within walking distance to retail shops and banks. 

IDEAL Professional Park is ideally located with easy access to I-78, 24, 22, the Garden State Parkway and New Jersey Turnpike.  Public transportation is available via the Morris & Essex rail and a New Jersey Transit bus stop on Morris Avenue.  In addition, it is only 30 minutes to New York City, and six miles to Newark Liberty Airport and less than hour to JFK International and LaGuardia.   It is also in close proximity to St. Barnabas, Overlook Hospital, Newark Beth Israel Medical Center and Atlantic Health Facilities.  There is a signalized traffic light on Morris Avenue for the Park’s entranceway.

“This premier address in Union County is the perfect location for healthcare and professional uses of all types, with individual suites and built-out medical and office space.  It offers a unique combination of strategic location, accessibility and a vast abundance of area amenities,” says Jason Lynch, principal, Lee & Associates, overseeing the leasing and property management.  “We are excited to work with Paragano Enterprises and help them with their real estate needs through our exceptional customer service and in-depth experience in commercial real estate, including sales, leasing, investment and management of industrial, office, and retail portfolio properties.”    


About Lee & Associates


Celebrating more than 34 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 49 locations across the nation including California, Arizona, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Maryland, Michigan, Missouri, Nevada, New Jersey, New York, South Carolina, Texas, and Wisconsin that house more than 750 brokers.  Lee & Associates provides a wide range of specialized commercial real estate services.

New Jersey Division: As part of a unique and dynamic commercial real estate firm, Lee & Associates, New Jersey LLC, was developed to supply New Jersey and the New York City metropolitan area with highly qualified professionals delivering local expertise, a national reach and world-class results. They are a “one-stop shop” – a single point of contact operation which provides all of a client’s real estate needs in-house.  From brokerage services, asset and property management, architecture, design and construction, they focus on clients’ specific requirements to achieve maximum results. 

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09/22/2014 - 11:09


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