NAI Hanson Negotiates Lease to Bring Architectural Firm to Summit Office Building in Exclusive Listing
Summit, N.J. (July 25, 2017) – NAI James E. Hanson, a leading New Jersey-based full-service independent commercial real estate firm, announced that it has negotiated a lease for 2,375 square feet of office space to The Biber Partnership AIA at 480 Morris Avenue in Summit, N.J. NAI Hanson’s Andrew Kirshenbaum and Tom Ryan represented the landlord, Lindabury, McCormick, Estabrook & Cooper, P.C., in the exclusive listing.
480 Morris Avenue is a two-story, 12,000-square-foot office building on one of Summit’s busiest thoroughfares. With ample parking and easy access to Route 24, Interstate 78 and the Summit Train Station, 480 Morris is the highly accessible, well maintained type of office in high demand among today’s professional tenants.
The current master tenant, Lindabury, McCormick, Estabrook & Cooper, P.C., was searching for a tenant to occupy and sublease a portion of their second story office space. The Biber Partnership, an architectural firm, will relocate from its existing location in Summit and will utilize the space as their new headquarters.
“480 Morris exemplifies the continued high demand for well-located and modern office space in towns like Summit from high-quality tenants,” said Kirshenbaum. “Our market experience and knowledge enabled us to negotiate a deal that allowed the Biber Partnership to relocate their business while ensuring a premium rent price for our client. In today’s challenging office market, working with a highly experienced broker can make all the difference in attracting quality tenants and maintaining high occupancy.”
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