{"id":1004200634,"date":"2017-12-15T08:37:11","date_gmt":"2017-12-15T16:37:11","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004200634"},"modified":"2022-12-08T08:54:41","modified_gmt":"2022-12-08T16:54:41","slug":"11-ksf-office-sells-in-northern-nj","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/11-ksf-office-sells-in-northern-nj\/","title":{"rendered":"11 KSF Office Sells in Northern NJ"},"content":{"rendered":"<p>By Jeff Hamann<\/p>\n<div id=\"attachment_1004200643\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plaza-at-Mountain-Lakes.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004200643\" data-attachment-id=\"1004200643\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/11-ksf-office-sells-in-northern-nj\/the-plaza-at-mountain-lakes\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plaza-at-Mountain-Lakes.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"The Plaza at Mountain Lakes\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;The Plaza at Mountain Lakes&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plaza-at-Mountain-Lakes.jpg?w=800\" class=\"wp-image-1004200643 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plaza-at-Mountain-Lakes.jpg\" alt=\"The Plaza at Mountain Lakes\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plaza-at-Mountain-Lakes.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plaza-at-Mountain-Lakes.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plaza-at-Mountain-Lakes.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004200643\" class=\"wp-caption-text\">The Plaza at Mountain Lakes<\/p><\/div>\n<p>NAI James E. Hanson has brokered the sale of an office property in Mountain Lakes, N.J.\u00a0 The buyer, Giovanna Levato, will occupy a small portion of the building and lease the remainder. The Law Offices of Antonietta Milell represented the buyer and the NAI team led by Andrew Kirshenbaum and Barry Meyer represented the seller.<\/p>\n<p>Located at 60 Midvale Road, the two-story building was constructed in 1968. The property\u00a0is a three-minute walk from the Mountain Lakes station on the Montclair-Boonton train line. Entrances to both Interstate 287 and US Highway 46 are within two miles of property.<\/p>\n<p>Known as The Plaza at Mountain Lakes, the property offers\u00a0some 11,000 square feet for retail or office use. Commercial space is currently being marketed by Ryan Dougherty of RE\/MAX New Jersey. Previously, a dental practice had occupied most of the building.<\/p>\n<p><em>\u00a0\u201cThe buyer recognized an opportunity to own a well-located investment, while also being able to occupy a small unit for their business. Historically low interest rates and sustained demand for well-located commercial buildings throughout northern New Jersey create the perfect opportunity for investors and users looking to purchase assets,\u201d<\/em>\u00a0 Kirshenbaum said\u00a0in a prepared statement. <em>\u201cBecause of this, we focused early in our marketing process to position the building towards these types of opportunistic investors.\u201d<\/em><\/p>\n<p>NAI James E. Hanson also recently brokered the sale of a <a href=\"https:\/\/www.commercialsearch.com\/news\/genesis-buys-nj-mob\/\">medical office suite<\/a> in Hackensack, N.J.<\/p>\n<p><em>Image courtesy of NAI James E. Hanson<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The building, located near train service and highways, will be partially occupied by the new owner. The remaining space is being marketed to both office and retail tenants.<\/p>\n","protected":false},"author":861,"featured_media":1004200643,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1600,21742,10,21747],"tags":[35017],"class_list":["post-1004200634","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-new-york","category-latest","category-northeast","category-office","tag-nai-james-e-hanson"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>11 KSF Office Sells in Northern NJ - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/11-ksf-office-sells-in-northern-nj\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"11 KSF Office Sells in Northern NJ\" \/>\n<meta property=\"og:description\" content=\"The building, located near train service and highways, will be partially occupied by the new owner. The remaining space is being marketed to both office and retail tenants.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/11-ksf-office-sells-in-northern-nj\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-15T16:37:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T16:54:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/The-Plaza-at-Mountain-Lakes.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jeff Hamann\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/11-ksf-office-sells-in-northern-nj\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/11-ksf-office-sells-in-northern-nj\\\/\"},\"author\":{\"name\":\"Jeff Hamann\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/9dada606742ec2aa010683bdabf468f4\"},\"headline\":\"11 KSF Office Sells in Northern NJ\",\"datePublished\":\"2017-12-15T16:37:11+00:00\",\"dateModified\":\"2022-12-08T16:54:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/11-ksf-office-sells-in-northern-nj\\\/\"},\"wordCount\":258,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/11-ksf-office-sells-in-northern-nj\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2017\\\/12\\\/The-Plaza-at-Mountain-Lakes.jpg\",\"keywords\":[\"NAI James E. 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