NAI Hanson Closes Three Industrial Deals

HACKENSACK—NAI Hanson Vice Presidents Jeffrey W. DeMagistris and Thomas A. Vetter have completed three industrial transactions in Bergen County.

Article Tools

Latest News

More Latest News

DeMagistris and Vetter represented the landlord, R.J. Purcell Associates Inc. in a lease expansion at 472 Barell Avenue in Carlstadt, where bottle manufacturer, Paradigm Packaging, signed on to occupy 39,832 sq. ft. The site features 5,188 sq. ft. of office space, a 21-ft. ceiling height with three tailgates, two drive-ins and 50 parking spaces.

The team represented Hampshire Cos., the landlord, in a long-term, 20,479-sq.-ft. lease at 205 Chubb Avenue in Lyndhurst, a 148,338-sq.-ft. facility. The new tenant, BNT Furniture USA, which does business under the Soho Concepts brand, relocated from Piscataway in order to be closer to New York City. The site has 3,000 sq. ft. of office space, a 22-ft. ceiling height, two tailgates and ample parking. John Vzen of Realty Hub represented the tenant.

DeMagistris and Vetter represented The Hampshire Companies in the sale of 95 Zabriskie Street in Hackensack. The 12,000-sq.-ft. building was sold to Brookside Auto Body, a local auto repair company that is expanding.

"There is an increased demand for smaller industrial properties, particularly in Northern New Jersey," DeMagistris stated. "It's also a good sign for the economy that companies believe now is a good time to expand on their operations."


Acceptable Use Policy
blog comments powered by Disqus

Photo Galleries

New York's Star Deals

http://nreionline.com/images/nyc_big_deals_homepage_thumb.jpgThe city that never sleeps is also the city that never stops growing, not even in the midst of recession. And deals, both bold and unprecedented, continue to be done. Check out image of New York's big deals.

Hudson Yards Development

http://nreionline.com/photo_gallery/hudson_yardsCheck out images for Coach's new global headquarters, which will anchor the initial tower of the Eastern Rail Yards site within the 26-acre mixed-

Videos

NREI TV at the MBA CREF 2012 Conference

http://nreionline.com/video/mba2012_david_thumbnail.jpgCheck out these videos of NREI Editorial Director David Bodamer speaking with industry experts from Atlanta.

 

Click here to view more videos.


This Week's Most Popular

Current Issue

http://nreionline.com/april2012_cover.jpg

NREI Newsletters



Retail Traffic Newsletters

View NREI Newsletters

NREI Newsline
NREI Seniors Housing Finance and Development
NREI The Green Sheet
NREI Institutional Outlook
NREI Distressed Real Estate Strategies
NREI Daily/Central
NREI Daily/New York
NREI Daily/New Jersey
NREI Weekender
NREI Global Real Estate Monitor
REIT Insider
Retail Traffic Online
The Site Optimizer

Blogs


http://nreionline.com/blog/schein_blog_headshot.jpg

Real Vox

Traffic Court

The Full Nelson

Events

Strategic Real Estate Investment Conference

Date: Thursday, June 7, 2012
Time: 7:45AM-6:00PM
Place: 1290 Avenue of the America, 5th Floor
What: A full-day event exploring portfolio diversification through opportunistic and alternative investments....

Click here to view more events...

http://nreionline.com/nrei-300x125-house-091211-resourcebook-jpg.jpg

Join the Conversation