NAI Hanson Announces New Tenant for Newly Renovated Boulevard Commons in Parsippany, N.J.
NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, today announced that Reverse Mortgage Co. of Americahas become a new tenant at the recently renovated Boulevard Commons office complex, located at 1140-1160 Parsippany Boulevard in Parsippany, N.J.
Reverse Mortgage provides lending services to a wide variety of borrowers looking to finance primary, secondary or investment property residences. The company leased half of the entire first floor of the 1140 building.
Hanson’s leasing team of Josh Levering, Michael Walters and Nick Herrick represented the property’s landlord, the Hampshire Companies (dba HGF Parsippany Boulevard, LLC). Hampshire is a privately held, fully integrated real estate firm with over 50 years of hands-on experience in acquiring, developing, managing, financing and disposing of real estate.
“Boulevard Commons is a twin-building office complex that features 45,596 square feet of space,” Levering sad. “The buildings provide excellent leasing opportunities to small and mid-size firms. Our current space available ranges from 1,450 to 9,900 square feet. For a larger tenant, we have reserved building signage, which is still available. This is a unique property that allows both small and mid-sized tenants to have a significant presence in a premier office asset.”
Levering added that the property is currently undergoing major renovations including a modernization of the first-floor vestibule entrances, bathrooms, all common interiors and lobby areas.
“Extraordinary parking is available for high occupancy tenants and the site is immediately accessible to major roadways such as Routes 10, 46, 80, 202, and 287,” he said. “Hotels, retail and dining options are in the immediate proximity.”
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 350offices 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.