Press Release brought to you by NAI James E. Hanson

NAI Hanson Brokers Sale to Bring Fire and Security Systems Seller from Brooklyn to Ridgefield Park, N.J.

07/18/2017

Ridgefield Park, N.J. (July 18, 2017) – NAI James E. Hanson, a leading New Jersey-based full-service independent commercial real estate firm, has arranged the sale of a 4,500-square-foot office building located at 158 Bergen Turnpike in Ridgefield Park, N.J. NAI Hanson’s Anthony J. Cassano represented the seller, Wooti Realty, LLC, in the transaction to 158 Bergen Owners, LLC.

158 Bergen Turnpike is a 4,500-square-foot, two-story, free-standing office building at the corner of Maple Street and Bergen Turnpike. The property offers modern office spaces, updated bathrooms, 15 parking spaces, high speed internet, and a full security system. Located just off the New Jersey Turnpike, the space also provides easy access to Routes 1,3,17 and 46 as well as New York City via the George Washington Bridge.  

158 Bergen Owners, LLC will relocate from Brooklyn and utilize the space to house its growing fire and security systems sales business. Located in the south Bergen County office market, the building provides 158 Bergen Owners with the accessibility and flexibility they were seeking for their relocation.

“We continue to see companies looking for quality opportunities to relocate businesses from the boroughs surrounding Manhattan,” said Cassano. “The lower office prices with the same accessibility to New York City and additional access to markets west of New York have created a strong demand for these types of buildings. Our client recognized that the time was right to sell this asset and we were able to secure a qualified buyer and negotiate a deal at the sale price that they desired.”  

Marcus & Millichap represented the buyer in the transaction.

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07/18/2017 - 11:15

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NAI James E. Hanson

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