Teterboro, N.J. (May 10, 2023) – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces it has negotiated a 42,985-square-foot lease renewal at 100 Hollister Road in Teterboro, N.J.
NAI James E. Hanson’s Team Lizzack-Horning comprised of Darren Lizzack, MSRE, and Randy Horning, MSRE, represented the tenant, Bergen Fitness, Inc., along with Matthew Meade of MWM Group, in the transaction with Dawson Logistics Assets, LLC, ℅ Maple Tree US Management, LLC, who was represented by Marc Petrella of KBC Advisors.
Hollister Corporate Center located at 100 Hollister Road is a 177,092-square-foot, multi-tenant flex property in Teterboro, N.J. Featuring proximity to Routes 17 and 46 as well as Interstate 80, the property is suited to fit the needs of a variety of commercial and industrial tenants.
Interested in extending their stay at the property to continue operating a Gold’s Gym, the tenant tapped NAI James E. Hanson to negotiate a lease renewal at the property on their behalf. Utilizing their deep understanding of the Bergen County market, Team-Lizzack Horning provided the real estate services needed to help their client negotiate a renewal in one of the most competitive industrial markets in the area.
“When a renewal is signed, it often represents the continuation of a successful relationship between the landlord and tenant,” said Lizzack. “In this case, our client has found success operating a fitness center and hoped to continue to operate at this location for years to come. We’re happy to help our client extend their stay at the property and wish them continued success.”
Founded in 2014, Team Lizzack-Horning is an expert brokerage team that specializes in healthcare, office, and investment property transactions. Leveraging a holistic and analytical approach to working with clients, Team Lizzack-Horning’s expertise and experience are augmented by a trusted network of real estate service providers that help clients of any size navigate an increasingly complex healthcare real estate transaction process. Together, the team has successfully closed more than 80 deals over the past 24 months totaling more than $100 million.
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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