CARLSTADT, NJ - NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, today announcedthat it has completed a 26,112-square-foot, full-building lease at 455 Barell Avenue, a warehouse property in Carlstadt, N.J.
NAI Hanson Vice PresidentsJeffrey W. DeMagistris andThomas A. Vetter represented the landlord, R. J. Purcell Associates, and secured the tenant,S.N.S. Oriental Rugs LLC. The tenant signed a three-year lease and will use the space for the warehousing and distribution of Oriental rugs.
The property features a 3,000-square-foot office portion, a 16-foot ceiling height, three loading docks and 19 parking spaces. Just one block from Washington Avenue, the building has easy access to Routes 3, 17, 46, I-80 and the New Jersey Turnpike. It is approximately eight miles from New York City via the Lincoln Tunnel.
“The location was a significant factor in completing this transaction,“DeMagistrissaid. “The tenant needed space with convenient roadway access and this site will help them reach their customer base.”
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 over350offices spanning the globe. For more information on NAI James E. Hanson, contact William C. Hanson, SIOR, at the company’s Hackensack office at201-488-5800or visitwww.naihanson.com.