The addition of Tulfra’s properties brings NAI Hanson’s growing property management division to over 6.5 million square feet
NAI James E. Hanson, a leading New Jersey-based full-service independent commercial real estate firm, announced today that it has added 669,930 square feet of industrial and mixed-use space, owned by Tulfra Real Estate to its property management division, NAI Hanson Management. The 11 building New Jersey-based portfolio ranges in size from 12,200 to 151,000 square feet.
NAI Hanson Management has experienced strong growth in the past decade, expanding from a team of only two employees to a dedicated group of 15, managing over 6.5-million square feet of industrial, office and retail space in several states. The division offers a full-suite of services including: maintenance, tenant installation, tenant retention programs, cash management, financial reporting, budget preparation, lease administration and handling environmental issues.
“Both NAI Hanson and Tulfra Real Estate have strong roots in New Jersey commercial real estate,” said Ivette Correa, Chief Operating Officer and leader of NAI Hanson Management at NAI James E. Hanson. “Our common roots, track record of success and deep understanding of the marketplace and unique tenant and landlord needs enabled Tulfra Real Estate to confidently select us as property managers for their impressive portfolio made up of industrial and mixed-use tenants throughout central and northern New Jersey.”
"We spoke to a few property management firms before we met with the NAI Hanson folks,” said Sonny Jumani, President of Tulfra Real Estate. “What made our decision easy was NAI Hanson’s ability to use our existing accounting platform/infrastructure while completely integrating their management team with it. Bill has an exceptional property management team that can adapt to any accounting system. Above all we respect the integrity and professionalism of Bill Hanson.”
The properties are located in Essex, Union, Middlesex, Morris and Passaic Counties:
- 3775 Park Avenue, Edison, NJ
- 151,000-SF
- 21 Fadem Road, Springfield, NJ
- 122,677-SF
- 930 Riverview Drive, Totowa, NJ
- 119,114-SF
- 8 Fairfield Crescent, West Caldwell, NJ
- 62,500-SF
- 99 Commerce Road, Cedar Grove, NJ
- 47,000-SF
- 10 Fadem Road, Springfield, NJ
- 44,243-SF
- 755 Central Avenue, New Providence, NJ
- 38,064-SF
- 60 South Jefferson Road, Whippany, NJ
- 37,176-SF
- 22 Audrey Place, Fairfield, NJ
- 22,000-SF
- 341 Kaplan Drive, Fairfield, NJ
- 13,956-SF
- 700 Route 46, Clifton, NJ
- 12,200-SF
To stay connected with NAI James E Hanson and for updates on the latest transactions and news, please follow NAI Hanson on Facebook (
www.facebook.com/NAIHanson), Twitter (@JamesE235), and LinkedIn (www.linkedin.com/company/nai- james-e-hanson).
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 375 offices spanning the globe. For more information on NAI James E. Hanson, contact William C. Hanson, SIOR, at the company’s Hackensack office at www.naihanson.com.
About Tulfra
Tulfra Real Estate and its affiliates currently own and manage four million square feet of industrial and commercial real estate, encompassing more than 50 buildings with 200 public and private tenants in Northern and Central New Jersey. The firm currently has an additional 500,000 square feet under development. For more information, visit http://tulfra.com/.
