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PRESS RELEASE: NAI Hanson Negotiates Five-Year Lease at 795 Franklin Avenue in Franklin Lakes, N.J.

FRANKLIN LAKES, N.J. – NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, today announced the completion of a five-year lease renewal at 795 Franklin Avenue, a Class B office building in Franklin Lakes, N.J. Hackensack University Medical Center will occupy 3,425 square feet at the building.

NAI Hanson Executive Managing Director Michael G. Walters, SIOR, and Vice President Steven G. Leitner, CCIM, handled the assignment. Sabra Realty owns the property. Also known as Campgaw Plaza, the two-story, 14,500-square-foot building was constructed in 1984 and has 50 parking spaces.

 “Campgaw Plaza is ideally suited for medical office users and Hackensack University Medical Center is a leading name to have on the tenant roster,” Walters noted. “There is a significant amount of parking and the location is convenient to many major roadways in Bergen County.”

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.

TAGS: Brokerage