NAI Hanson Finds New Home Base for Ring Container Technologies
NAI HANSON FINDS NEW HOME BASE FOR RING CONTAINER TECHNOLOGIES
- Move to Springfield, N.J. Enables Firm to Remain Near Client and Retain Employees-
NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, announced today that the firm has completed a 64,338-square-foot industrial lease transaction at 50-52 Fadem Road in Springfield, N.J. The tenant, Ring Container Technologies, Inc., signed a long-term lease, and plans to use the space for the manufacturing of containers for the food industry.
NAI HansonVice President Barry J. Cohorsky representedthe tenant, while Cassidy Turley Senior Vice President and Principal Douglas J. Bansbach represented the landlord, Bristol Group.
“Ring Container Technologies can now move its operations from Hillside to this well-located site in Springfield,” Cohorsky said. “The deal served a dual purpose as the firm was able toretain all employees and remain near a major client in this expansion.”
Built in 1967 and renovated in 1980, the two-story, multiple-tenant Class B warehouse totals 206,901 square feet with a 20-foot clear ceiling height, five tailboards, one drive-in and 190 surface parking spaces. The property is located within a corporate park-like setting in the Route 78/22 East industrial submarket. It offers convenient access to a variety of major roadways.
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 350offices 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.
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