NAI Hanson Brokers Sale of Scotch Plains, N.J. Commercial Building
NAI HANSON BROKERS SALE OF SCOTCH PLAINS, N.J. COMMERCIAL BUILDING
- New Owner Plans to Convert Two-Story Commercial Property for Medical Office Use -
NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, announced today that the firm has completed the sale of a 4,800-square-foot commercial building at 1765 East Second Street in Scotch Plains, N.J.
Serving as exclusive sales agent for the property, NAI Hanson Sales Associate Russell J. Verducci represented the owner, 1765 Realty, LLC, in the transaction. Judith Weiniger of Remax in Warren, N.J. represented the buyer, Chin/Kang/Kang, which plans to use the site as a doctor’s office.
The two-story property offers two office units of 1,600 square feet each, as well as 10 private parking spaces. The first floor features waiting and reception areas, a conference room, three offices, two bathrooms and a kitchenette. The second floor contains two apartments and the finished basement has an office, storage space and open office area.
“Medical is one of the few commercial real estate sectors that has remained steady,” Verducci said. “The buyer was drawn to the location of the building, which offers ample parking and access to Route 22. Additionally, it can be modified with little necessary approvals. A fair amount of work is being completed to convert the site including the installation of an elevator.”
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.