River Edge, NJ — NAI James E. Hanson announced it has brokered a long-term lease deal for Regency Memory Care Club, an affiliate of First Healthcare Management Company at 91 Route 4 East in River Edge, N.J. NAI Hanson’s Anthony Cassano and Pablo Castro negotiated the 7,500 s/f lease deal and consulted on site selection on behalf of Regency Memory Care Club. Philsa Corporation owns the building.
The retail location provides the space and flexibility that Regency Memory Care Club requires for the specialized services it provides. Additionally the space offers excellent visibility and demographics well suited for the highly personalized care center.
“We spent several months with Regency Memory Care Club ensuring we understood their unique needs in order to provide them with the best site selection for their expansion into Bergen County,” said Cassano. “Specialized care centers that offer an alternative to assisted living facilities such as this one will continue to be in demand as the Baby Boomer generation ages and we anticipate seeing more demand for space from these types of organizations.”