JERSEY 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 propertyâ€s seller, a family investor.

Subsequently, Cohorsky and Ryan represented the propertyâ€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 companyâ€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 companyâ€s Hackensack office at 201-488-5800 or visit www.naihanson.com.

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The post NAI Hanson Facilitates $4.6-Million Sale of Jersey City Warehouse and Subsequent Lease Signing first appeared on River View Observer.

Located in the historic Hamilton Park section of Jersey City, the portfolio consists of two well-maintained apartment buildings, containing a total of seven apartments, two stores and six garages. Each lot measures 25 feet by 100 feet, and one property has four, two-bedroom apartments, while the other has three, three-bedroom units. The buildings are a short walk to the Pavonia-Newport PATH station, and close to the Newport Centre Mall and top-rated Dr. Ronald McNair Academic High School.
“The property attracted many showings because it’s in a very desirable and safe area full of young people and families,” said Kunnapas. “The City recently renovated the nearby actual Hamilton Park with new plantings and light fixtures, two dog runs, an upgraded playground and basketball court, and refurnished gazebo. As a result, the neighborhood has experienced a great deal of development including the addition of luxury condominiums and rehabilitation of historic brownstones.”

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 over 350 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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The post Real Estate VIEWS -NAI HANSON COMPLETES SALE OF MIXED-USE PORTFOLIO IN HISTORIC JERSEY CITY NEIGHBORHOOD first appeared on River View Observer.