NAI James E. Hanson completes 15,000 s/f and 3.35-acres in NNJ deals

Hackensack, NJ — NAI James E. Hanson has negotiated the sale of a two-building 12,589 s/f development site located at 147–153 Hudson St. in Hackensack, to the Housing Development Corp. of Bergen County.VP Anthony J. Cassano represented the buyer and seller in the transaction.

Located steps from the Bergen County Courthouse, the property features 25 on-site parking spaces, 8’ to 10’ ceiling heights, and highly visible office space with prominent street signage. Zoned for a wide range of commercial uses, the buyer, which owns the land adjacent to the property, plans to develop affordable housing units at the site.

In North Bergen, NAI James E. Hanson negotiated a 2,411 s/f lease with Dentistry for Children at 7500 Bergenline Ave. VPs Darren Lizzack, MSRE, and Randy Horning, SIOR, MSRE, represented the landlord, KSPF Holdings, LLC, and Ryan Edwards of Menlo Group represented Dentistry for Children in the transaction.

In Fairfield, NAI James E. Hanson has negotiated the $8.74 million sale of a 3.35-acre industrial property located at 8 Evans St. .

NAI James E. Hanson’s Michael G. Walters, SIOR, executive managing director, Corporate Services, and Cameron Silverstein, associate VP, represented the seller, Anderson and Vreeland Realty Co., in the transaction with the buyer, KF Mechanical, LLC.

“Our client was in a strong position given the unique utility and location of the asset,” said Walters. “Properties like 8 Evans Street rarely come to market, and that scarcity helped drive a highly competitive process among qualified buyers.”

After securing the listing, the Hanson team executed a targeted marketing strategy aimed at both institutional groups and active owner-users throughout the region.

“Sustained rent growth within institutionally owned industrial assets continues to push more operators toward ownership as a strategic alternative,” Silverstein added. “The response we received to this listing underscores just how strong owner-user demand is for well-located, highly functional properties like 8 Evans Street.”

The transaction highlights the continued strength of the Route 46 corridor, where limited industrial supply and rising rents are accelerating demand from owner-users seeking long-term real estate solutions.