NAI James E. Hanson Negotiates 5,559-Square-Foot Medical Office Lease in Paramus, N.J.
Paramus, N.J. (August 3, 2022) – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces the lease of 5,599 square feet of medical office space at 10 Forest Avenue in Paramus, N.J.
NAI James E. Hanson’s Josh Levering, SIOR, Darren Lizzack, MSRE, and Randy Horning, MSRE, represented the tenant, MPV New Jersey MD Services, P.C., in the transaction with the landlord, Zohar Zisapel Properties, Inc. & Yehuda Zisapel Properties, Inc., who was represented by Masi Boyle Associates’ Rose Najarian.
10 Forest Avenue. is a three-story, 40,850-square-foot medical office building that is strategically located just off Route 4 West. The building features proximity to Paramus’ premier shopping center, The Westfield Garden State Plaza, as well as accessibility to Route 17, Interstate 80 and the Garden State Parkway.
Hoping to find space to consolidate two OBGYN practices into one suite, the tenant tapped NAI James E. Hanson to use their extensive list of local contacts in the competitive Bergen County medical office market to identify suitable options. The property stood out to the tenant due to its easily accessible location and proximity to its existing patient base.
“The competition for high-quality medical office space in northern New Jersey is fierce,” said Levering. “In such a tough market, it’s often difficult for health care providers to find locations that are not only easy to access but are adaptable to their needs. We’re happy to have played a role in helping this practice identify the ideal space and bring these in-demand services to the Paramus community.”
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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