80 Commerce Way in Hackensack — Courtesy: NAI James E. Hanson
By Joshua Burd
A local church has sold a converted industrial building in Hackensack, securing a deal with another faith-based organization that will move into the property.
Brokers with NAI James E. Hanson on Wednesday announced the sale of 80 Commerce Way, a 30,000-square-foot building off Hackensack Avenue. The firm represented the seller, Canaan Korean Community Church, in the transaction with Pilgrim Mission Church, noting that the latter was seeking a new home in the area.
“On the surface, it may seem serendipitous that the buyer we helped our client secure was also a church with similar space needs and operating objectives, but this transaction can, in fact, be chalked up to our successful, tailored marketing campaign for the property,” NAI Hanson’s Perkins said. “While we leveraged our depth and breadth of expertise in the industrial sector to market the building to a range of prospective users, at the end of the day we were able to identify a buyer that was a perfect fit for the property’s former usage and could also take full advantage of the existing buildout.”
Perkins brokered the deal alongside Chris Todd, while William Lee of Coldwell Banker Fort Lee represented the buyer. In a news release, NAI Hanson noted that 80 Commerce Way sits on 2.19 acres and is minutes from routes 4 and 17, Interstate 80 and the George Washington Bridge.
The single-story building features 14-foot ceiling heights, 85 parking spaces, one punch-out for a tailgate and one drive-in.