1 Broad Ave. in Fairview — Courtesy: NAI James E. Hanson
By Joshua Burd
The owner of a Bergen County industrial building has filled more than 12,000 square feet with a pair of newly completed leases arranged by NAI James E. Hanson.
According to the brokerage team, the activity at 1 Broad Ave. in Fairview includes transactions of 6,789 and 5,320 square feet. The 69,202-square-foot building is now fully leased after the commitments by the undisclosed baseball and softball training facility and a custom interior design company specializing in metalworks and furniture.
NAI Hanson’s Andrew Somple and Jessica Curry represented the landlord, Cohen Asset Management, in both transactions, noting that the 2.73-acre property is just off Route 9 and minutes from New York City via the George Washington Bridge and Lincoln Tunnel. The building has eight shared loading docks with ample on-site parking and specializes in space for tenants that have no requirement for exclusive loading in their space but need a centralized site at a competitive price.
“Flexible buildings in a prime location like 1 Broad Avenue continue to see strong demand among a wide variety of users,” Curry said. “We are pleased to bring two new tenants to the building and help ownership achieve full occupancy in the process. The excellent management of the building will continue to keep the spaces leased and brings a strong tenant base to the location.”