NAI James E. Hanson Finds Tenant for 3,500 Square-Foot Flex Space in Chatham, N.J.
Micro Brewer, Twin Elephant Brewing Company to Set Up Operations
at 13 Watchung Avenue
FAIRFIELD N.J. (June 30, 2015) — NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, today announced that it has facilitated the lease of a 3,500 square foot brewing space at 13 Watching Avenue in Chatham, New Jersey, to Twin Elephant Brewing Company, a Morris County-based micro-brewery.
Senior Vice President Tom Ryan, of NAI James E. Hanson, marketed the space and managed the transaction on behalf of the property’s owner, 13 Watchung Avenue Associates. The former industrial space features, 20-foot ceilings, ideal for housing brewing equipment, wide open and column free floor space and one tailgate. The site is advantageously located less than one mile from Route 24 and approximately two miles from Interstate 78.
“In addition to necessary physical features, such as ample floor space, high ceilings and a loading/unloading area, our client wanted to locate in a spot where it could draw visitors,” Ryan said. “This is one of Morris County’s first micro-breweries and Chatham and its neighboring towns of Madison, Summit, New Providence, Short Hills and Millburn all present demographic profiles that are ideal for an artisanal brewery, and we presented this location as one that will enable Twin Elephant Brewing Company to serve the nearby population.”
In addition, Ryan said, “the tap room will be open to the public for tours and tastings by appointment”. The ownership team of Scott McLuskey, Cynthia Derama and Tim Besecker anticipate a fall 2015 Grand Opening.
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.