{"id":1004201670,"date":"2017-12-28T03:37:09","date_gmt":"2017-12-28T11:37:09","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004201670"},"modified":"2022-12-08T02:27:54","modified_gmt":"2022-12-08T10:27:54","slug":"nai-hanson-brokers-northern-nj-flex-sale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/nai-hanson-brokers-northern-nj-flex-sale\/","title":{"rendered":"NAI Hanson Brokers Northern NJ Flex Sale"},"content":{"rendered":"<p><em>By Jeff Hamann<\/em><\/p>\n<div id=\"attachment_1004201671\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/20-Bushes-Lane.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004201671\" data-attachment-id=\"1004201671\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/nai-hanson-brokers-northern-nj-flex-sale\/20-bushes-lane\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/20-Bushes-Lane.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;2.8&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;KODAK Z712 IS ZOOM DIGITAL CAMERA&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1168949236&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;5.85&quot;,&quot;iso&quot;:&quot;64&quot;,&quot;shutter_speed&quot;:&quot;0.00125&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"20 Bushes Lane\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;20 Bushes Lane&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/20-Bushes-Lane.jpg?w=800\" class=\"wp-image-1004201671 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/20-Bushes-Lane.jpg\" alt=\"20 Bushes Lane\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/20-Bushes-Lane.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/20-Bushes-Lane.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/20-Bushes-Lane.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004201671\" class=\"wp-caption-text\">20 Bushes Lane<\/p><\/div>\n<p>NAI James E. Hanson has brokered the sale of a 15,700-square-foot industrial flex property in Elmwood Park, N.J. The buyer, an LLC, purchased the property for $2.1 million, according to public records. The seller, R.N. Foster Associates, had originally acquired the property from Interstate Realty in early 2009, also for $2.1 million.<\/p>\n<p>Located at 20 Bushes Lane, the property sits within half a mile of both Interstate 80 and the Garden State Parkway. The building\u00a0is situated at the western edge of an industrial neighborhood, home to companies\u00a0like UPS, Johnstone Supply and ProStock Automotive. A number of restaurants and residential properties are also situated nearby, including a senior living community directly across the street that opened in 2016.<\/p>\n<p>The building was constructed in 1963 and the previous owner completed extensive renovations in 2015, upgrading the roof, mechanical systems and utilities. The property features two truck well loading docks equipped with levelers and 16 parking spaces. The new owner has a tenant lined up, who will manufacture valves and regulators at the building.<\/p>\n<p><em>\u201cIt is an ideal acquisition for the buyer because the new occupant is relocating from their existing facility in nearby Garfield and this building had many of the features that were required,\u201d<\/em> said Andrew Somple, senior vice president with NAI Hanson, in a prepared statement.<\/p>\n<p>NAI Hanson\u2019s Joshua Levering and Nicholas DePaolera represented the seller in the transaction, with Somple representing the buyer. The firm recently also brokered the sale of a <a href=\"https:\/\/www.commercialsearch.com\/news\/genesis-buys-nj-mob\/\">medical office unit<\/a> four miles to the east in Hackensack.<\/p>\n<p><em>Image courtesy of NAI James E. Hanson<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The industrial flex building sits next to the intersection of Interstate 80 and the Garden State Parkway, offering convenient access across the region.<\/p>\n","protected":false},"author":861,"featured_media":1004201671,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,1600,21742,10],"tags":[35017,34122],"class_list":["post-1004201670","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-new-york","category-latest","category-northeast","tag-nai-james-e-hanson","tag-ups"],"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>NAI Hanson Brokers Northern NJ Flex Sale - 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\/nai-hanson-brokers-northern-nj-flex-sale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NAI Hanson Brokers Northern NJ Flex Sale\" \/>\n<meta property=\"og:description\" content=\"The industrial flex building sits next to the intersection of Interstate 80 and the Garden State Parkway, offering convenient access across the region.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/nai-hanson-brokers-northern-nj-flex-sale\/\" \/>\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=\"2017-12-28T11:37:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T10:27:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/20-Bushes-Lane.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\\\/nai-hanson-brokers-northern-nj-flex-sale\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nai-hanson-brokers-northern-nj-flex-sale\\\/\"},\"author\":{\"name\":\"Jeff Hamann\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/9dada606742ec2aa010683bdabf468f4\"},\"headline\":\"NAI Hanson Brokers Northern NJ Flex Sale\",\"datePublished\":\"2017-12-28T11:37:09+00:00\",\"dateModified\":\"2022-12-08T10:27:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nai-hanson-brokers-northern-nj-flex-sale\\\/\"},\"wordCount\":275,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nai-hanson-brokers-northern-nj-flex-sale\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2017\\\/12\\\/20-Bushes-Lane.jpg\",\"keywords\":[\"NAI James E. 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