NAI James E. Hanson, a leading New Jersey-based full-service independent commercial real estate firm, announces the sale of a 14,730-square-foot office building located at 98 Pleasant Avenue in Upper Saddle River, N.J. NAI Hanson’s team of Kenneth Lundberg, SIOR, Ronald Fotiu and Patrick Lennon represented the seller, Rodico, Inc. The building was purchased by Health and Wellness Partners, LLC, a company relocating from Ramsey, NJ. Health and Wellness Partners was represented by Christopher Olsen of Newmark Grubb Knight Frank.
The 14,730-square-foot, one-story property sits on 2.31-acres and was originally built-to-suit for the Young Women’s Christian Association (YWCA) by Rodico, Inc. Health and Wellness Partners, LLC, a global medical communications company, plans to use the building as a corporate headquarters.
“We are continuing to see companies invest in owning the buildings they work out of and we are finding continued success in relocating growing firms in order to allow them to occupy the types of assets that will allow them to grow,” said Lundberg. “The size and location of our client’s property was perfect for Health and Wellness Partners and the unique atmosphere of the building as well as the ample available parking were big selling points as well. The buyer had been searching for a new home for over two-years and we are happy to have been able to work out a deal that truly benefits both sides as well as brings a great company to a great building.”
The property is conveniently located directly off Route 17 and centrally located between The Garden State Parkway, I-287 as well as Routes 202 and 208.
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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 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.
