Andrew Somple, SIOR and Jessica Curry represent buyer in the transaction
Northvale, NJ — NAI James E. Hanson, one of the largest New Jersey-based full-service independent commercial real estate firms, announces it has negotiated the sale of a 97,760 s/f industrial building located at 100 Fairway Court in Northvale. NAI James E. Hanson’s Andrew Somple, SIOR and Jessica Curry represented the buyer in the transaction.
Situated on a 10-acre property in northeast Bergen County, 100 Fairway Court is a single-tenant manufacturing facility located next to the Rockleigh Golf Course with close proximity to the Palisades Interstate Parkway, NY State Rte. 340 and the northern New Jersey and New York metropolitan area. The property features 24’ clear height, heavy power and space for the buyer to expand.
“We continue to see strong demand for well-located space in the northern New Jersey industrial market, especially from users servicing expanding sectors in the New York and New Jersey metropolitan market,” said Curry. “We are proud to have helped our client expand their operations to a new location, and we wish them the best of luck with their new facility.”
In a separate transaction, NAI James E. Hanson has negotiated a lease for a 5,760 s/f flex/office space located at 777 Corporate Dr. in Mahwah. NAI James E. Hanson’s Team Lizzack-Horning, comprised of Darren Lizzack, MSRE and Randy Horning, MSRE, represented the landlord, MacArthur Boulevard Associates, and Cushman & Wakefield represented the buyer, AT Information Products, Inc., in the transaction.
Relocating from 575 Corporate Dr. in Mahwah, AT Information Products is a leading provider of high-performance inkjet printing solutions for package coding applications. Powered by innovative technologies, the company offers industrial inkjet printers and inks that serve as an alternative to outdated legacy printing methods. AT Information Products will utilize its new space at 777 Corporate Drive for administrative offices and light assembly of its products.
777 Corporate Dr. is a single-story, 115,000 s/f flex/office building with convenient access to the Palisades Parkway, the Garden State Parkway, Rtes. 17 and 202, and I-287. The property also boasts proximity to public transportation options including the Mahwah NJ Transit station and the Ramsey Rte. 17 NJ Transit station. Additionally, 777 Corporate Drive features on-site property management, prominent signage and 24-hour access.
“Ideally located and flexible buildings like 777 Corporate Drive continue to stand out among prospective tenants in today’s market,” said Lizzack. “We are happy to have helped our client secure a new tenant and look forward to continuing to drive occupancy at this property.”
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