NAI Hanson Finds Buyer for 5,870-SF Medical Arts Plaza in Parsippany, N.J.
Sale of 2839 Route 10 Reflects Growing Demand
for Medical Office Buildings as Investment Properties
PARSIPPANY, N.J. (Jan. 6, 2015) – NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, today announced it has facilitated the sale of the 5,870-square-foot Medical Arts Plaza at 2839 Route 10, Parsippany N.J.
Scott K. Perkins, SIOR, Managing Director of Corporate Services at NAI Hanson and Gregory M. James, Director of Capital Markets at NAI Hanson, arranged the sale to MCBS Realty on behalf of the building’s former owner, Medical Arts Plaza of Parsippany, LLC.
Located along Route 10, the two-floor building is easily accessible from Routes 80, 202 and 287 and sits within a major office-building corridor of Parsippany. As a result of its location and upkeep, the building remains substantially leased with long-time tenants.
Perkins said, “We’re seeing a trend that investors are interested in adding medical office buildings to their portfolios as core assets. This deal exemplifies this trend as we helped our client identify such an investor, who was looking for a property that will remain attractive to tenants due to location and condition.”
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 375 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.