REAL ESTATE PROFILES

NAI Hanson Facilitates $4.6-Million Sale of Jersey City Warehouse and Subsequent Lease Signing

CenterPoint Harbor LCC Acquires Property, Leases 54,000-SF Space to Iron Mountain Information Management

 harbor viewJERSEY CITY, N.J. (May 30, 2014) – NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, today announced the $4.6-million sale of 106 Harbor Drive, a 65,000-square-foot, single-tenant warehouse property in Jersey City, N.J. The NAI team of Senior Vice President Tom Ryan and Vice President Barry Cohorsky represented the property’s seller, a family investor.

Subsequently, Cohorsky and Ryan represented the property’s new owner, CenterPoint Harbor LLC, in a 54,000-square-foot lease transaction with Iron Mountain Information Management LLC. An information management, records management and data protection services company with locations throughout the UK, Europe and North America, Iron Mountain Information Management signed a 10-year lease.

Located within the Hudson Waterfront Industrial Cluster, 106 Harbor Drive benefits from on-site property management. The property is situated on 2.7 acres, and provides excellent access to the Port of New York and New Jersey, Routes 1 and 9, the Holland Tunnel and the New Jersey Turnpike.

“The property provided CenterPoint, which has been aggressively pursuing industrial opportunities in the port markets, with an opportunity to expand its market share,” Cohorsky said. “CenterPoint has acquired nearly 3 million square feet over the past several years. The company’s strategy is validated by the signing of a long-term lease with a multinational company.”

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 400 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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