NAI Hanson Announces Three Significant Industrial Deals in Bergen County, N.J.
NAI HANSON ANNOUNCES THREE SIGNIFICANT
INDUSTRIAL DEALS IN BERGEN COUNTY, N.J.
- Vice Presidents DeMagistris and Vetter Complete Two Leases and One Sale -
NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, today announced that Vice Presidents Jeffrey W. DeMagistris and Thomas A. Vetter have completed three significant industrial transactions in Bergen County, N.J.
· DeMagistris and Vetter represented the landlord, R.J. Purcell Associates Inc. in a lease expansion at 472 Barell Avenue in Carlstadt, where bottle manufacturer, Paradigm Packaging signed on to occupy 39,832 square feet. The site features 5,188 square feet of office space, a 21-foot ceiling height with three tailgates, two drive-ins and 50 parking spaces.
· The team represented Hampshire Cos., the landlord in a long-term, 20,479-square-foot lease at 205 Chubb Avenue in Lyndhurst, a 148,338-square-foot facility. The new tenant, BNT Furniture USA, which does business under the Soho Concepts brand, relocated from Piscataway in order to be closer to New York City. The site has 3,000 square feet of office space, a 22-foot ceiling height, two tailgates and ample parking. John Vzen of Realty Hub represented the tenant.
· DeMagistris and Vetter represented The Hampshire Companies in the sale of 95 Zabriskie Street in Hackensack. The 12,000-square-foot building was sold to Brookside Auto Body, a local auto repair company that is expanding.
"These deals show there is an increased demand for smaller, well-located industrial properties, particularly in Northern New Jersey," DeMagistris stated. "It's also a good sign for the economy that companies believe now is a good time to expand on their operations."
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 visitwww.naihanson.com.
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