105-111 South State St. in Hackensack — Courtesy: NAI James E. Hanson
By Joshua Burd
A supplier of women’s garments has leased more than 20,000 square feet at a Hackensack industrial building, under a newly announced transaction by NAI James E. Hanson.
The company, Advance Apparels, is taking 22,526 square feet at 105-111 South State St. as part of the lease with Turabdin. The building provides it with a location that will serve its distribution needs, one that is minutes from Interstate 80 and other major highways in the area.
NAI Hanson’s Patrick Lennon and Kenneth Lundberg and NAI Mertz’s Fred Meyer represented the landlord, while Steven Muller of Equity 3 represented the tenant.
“Through developing a strong understanding of our clients’ properties and local markets, we have been able to not only build strong relationships with many of them over several deals but it also allows us to have a comprehensive understanding of their needs,” Lennon said. “Our latest deal with Turabdin speaks to how we leverage this deep understanding of our clients to successfully close transactions on their behalf in competitive markets like Hackensack.”
In a news release, NAI Hanson said the building was previously used for bakery operations but is highly adaptable to Advance Apparels’ distribution needs due to its 20-foot clear ceiling heights and 2,000 square feet of office space. The property, which has one drive-in and one tailgate, is also minutes from the Garden State Parkway and routes 46, 17 and 6.
The firm also noted that the lease marks the second transaction at the building negotiated by Lennon, Lundberg and Meyer, highlighting the collaborative capabilities of NAI Global’s brokerage teams. Previously, the team represented the owner in the sale of the building to Turabdin.