NAI Hanson Announces Sale of Office Building in Hackensack, N.J.
NAI HANSON ANNOUNCES SALE OF OFFICE BUILDING IN HACKENSACK, N.J.
- Sale Reflects an Increased Demand for the Sale of Smaller Office Buildings in Market. -
HACKENSACK, N.J. (June 14, 2012) – NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, today announced that the firm represented both the seller and buyer in the sale of a 4,400-square-foot office building at 175 Hudson Street in Hackensack, N.J.
NAI Hanson Associate Vice President Dominic M. Fittizzi represented the seller, Rojo Properties, and the buyer.
Fittizzi explained that the listed buyer acquired the building due to an expansion of business and a need for a place to plan kitchen remodeling for commercial purposes. He also said that the building’s easy access to highways, as well as New York City, provided them an ideal location.
“There is increasing demand in the market for smaller office buildings, such as those below 20,000 square feet,” Fittizzi said. “We expect to see even more sales of this type as the year progresses.”
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 350 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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