NAI Hanson Negotiates Sale to Bring Surgery Practice to River Edge, N.J.
River Edge, N.J. (May 24, 2018) – NAI James E. Hanson, a leading New Jersey based full-service independent commercial real estate firm, announces the sale of a 3,112-square-foot office condo at 63 Grand Avenue in River Edge, N.J. NAI Hanson’s Darren Lizzack, MSRE, Randy Horning, MSRE, and Michael Guerra represented the buyer, Dr. Dan S. Landmann, and Joe Tormen of Lee & Associates represented the seller, 63 Grand Ave, LLC in the transaction.
63 Grand Avenue is a three-story, 10,000-square-foot office building located in the heart of River Edge, N.J. The building features superior accessibility directly off Route 4. Additionally, the New Bridge Landing NJ Transit station with direct service into New York City via the Pascack Valley Line is located only a block from the office. The buyer, Dr. Dan S. Landmann, was searching for an opportunity to purchase a space as a long-term home for his successful surgery practice currently based in Maywood, N.J. Dr. Landmann’s new office in River Edge (www.BergenEyelids.com) will enable him to offer care out of an accessible, flexible and modern building for years to come.
“Sustained demand from tenants and buyers and a lag in development has created an unbalanced medical office supply and demand equation through northern New Jersey. With a continued shortage of quality office space adaptable for medical clients, opportunities like 63 Grand Avenue can be few and far between,” said Lizzack. “Our market knowledge and experience working in the Bergen County medical office market enabled us to successfully work on behalf of our client to find this space and negotiate a deal that allowed Dr. Landmann to establish a long-term home for his practice.”
To stay connected with NAI James E. Hanson and for updates on the latest transactions and news, please follow NAI Hanson on Facebook (www.facebook.com/NAIHanson), Twitter (@NAI_Hanson), and LinkedIn (www.linkedin.com/company/nai-james-e-hanson).