NAI HANSON COMPLETES SALE OF 44,000-SQUARE-FOOT RETAIL/MIXED-USE BUILDING IN BERGENFIELD, N.J.
- Jewelry wholesale supplier relocates from Brooklyn to this prime property -

Hackensack, NJ, Feb 17, 2010 - /FLIERWIRE/-- NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, is pleased to announce the sale of a 44,000-square-foot retail/mixed-use building at 33 New Bridge Road in Bergenfield, N.J. NAI Hanson's Director of Investment & Corporate Services Jon Stravitz and Sales Associate Russell Verducci represented the landlord, 33 New Bridge Properties LLC, in this transaction.

"This property's affordable price point and ideal location in the populous Bergen County, which is situated just seven miles outside New York City, attracted a buyer all the way from the other side of New York City in Brooklyn," said Stravitz. "We are pleased to have negotiated a successful deal on behalf of our client, and we look forward to working on opportunities of this kind in the future."

The property, located on 1.4 acres, encompasses a showroom, warehouse and office building and is zoned for light industrial and automotive use. Located near 20 other retail stores in Downtown Bergenfield, is within close proximity to Routes 4 and 17, the Palisades Interstate Parkway and Interstate 80, as well as the New Jersey Turnpike. Its amenities include 18-foot ceilings, 35 parking spaces and a loading area with six tailgates and eight drive-ins. It is located at a highly visible intersection with a traffic light.

The tenant, 456 Washington LLC, a jewelry wholesaler, was attracted to the building's exceptional retail exposure and unique warehousing capabilities. It plans to take occupancy early in 2010.

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 325 offices spanning the globe. For more information on NAI James E. Hanson, contact William C. Hanson, SIOR, at the company's Hackensack office at 201-488-5800 or visit www.naihanson.com.

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