Press Release brought to you by NAI James E. Hanson

NAI Hanson Completes More Than 70,000 Square Feet of Industrial Deals at 30 Wesley Street in South Hackensack, N.J.

04/17/2013

NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, today announced that it completed two industrial deals, totaling more than 70,000 square feet, at 30 Wesley Street in South Hackensack, N.J.

In the first transaction, S&K 2000, Inc. signed on to occupy 26,556 square feet at the 246,000-square-foot site.

The NAI Hanson team of Executive Managing Director Michael G. Walters, SIOR, and Vice Presidents Jeffrey W. DeMagistris and Thomas A. Vetter represented the property owner, 30 Wesley St., LLC. NAI Hanson Senior Vice President Andrew Somple, SIOR, represented the tenant, an international moving company. The unit has a 21-foot ceiling height, two tailgates and two drive-ins.

“This is another example of how quality tenants will always seek out well-located, up-to-date industrial sites,” Walters said. “This site has the advantage of having heavy power capabilities throughout and S&K is a well-known name to add to the roster at 30 Wesley.”

The features of high ceilings and minimal office space were benefits that fit the needs of S&K, according to Somple.

Additionally, DeMagistris and Vetter represented the landlord in the renewal of a 44,452-square-foot lease that Staples will use for warehousing.

Just 8,619 square feet remains available for lease at the property. The space has 860 square feet allocated for office use, an 18-foot ceiling height and two tailgates. The lease rate is $6.75 per square foot net.

Convenient to all major roadways including the New Jersey Turnpike, Routes 17, 80 and 46, the site in the Teterboro Airport Industrial submarket is minutes from New York City via the George Washington Bridge.

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.

04/17/2013 - 15:42

Source

NAI James E. Hanson

Want more news about NAI James E. Hanson? Click here