Elmwood Park, N.J. (November 8, 2021) – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces it has negotiated a lease for half an acre of land at 206 Van Riper Avenue in Elmwood Park, N.J. NAI James E. Hanson’s Darren Lizzack, MSRE, Randy Horning, MSRE and David Ukleja represented the tenant, Five Star Towing, in the transaction with MFT Auction.
Located on a highly desired backroad in the Route 46 Corridor submarket, the lot is situated nearby several of Bergen County’s most coveted industrial spaces. Sitting parallel to Interstate 80, 206 Van Riper Avenue offers easy access to some of New Jersey’s major roadways including Route 46 and the Garden State Parkway. In addition to its convenient location, this previously vacant lot offers ample space for vehicles and equipment alike, making it the perfect candidate for its intended use to house Five Star Towing’s fleet of vehicles.
In business for over 20 years, Five Star Towing is a comprehensive towing and roadside assistance provider specializing in light-duty towing, recovery, auto repair and more. Offering extensive services with state-of-the-art equipment and highly trained professionals, Five Star Towing prides themselves as an AAA-preferred automotive emergency service company that earned their favorable reputation the “old-fashioned” way. Looking to expand their already well-established business, Five Star Towing was in search of a lot in a prime location to serve as both auto storage and parking. The company’s leadership recognized the exceptional accessibility of 206 Van Riper Avenue and jumped at the opportunity to utilize it for their automotive needs.
“Having worked with Five Star Towing in the past, we had a firm understanding of our client’s unique needs and were able to recognize the property’s potential for abundant storage space,” said Lizzack. “206 Van Riper Avenue’s adaptability and direct access to some of New Jersey’s most active roadways highlights our team’s ability to consistently help our clients find the right opportunities at the right time.”
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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 300 offices spanning the globe. For more information on NAI James E. Hanson, contact William C. Hanson, SIOR, at the company’s Teterboro office at 201-488-5800 or visit www.naihanson.com.