10 Forest Ave. in Paramus — Courtesy: NAI James E. Hanson
By Tina Traster
NAI James E. Hanson has negotiated a lease for a 5,599-square-foot medical office in Paramus.
The tenant, MPV New Jersey MD Services PC, plans to consolidate two OBGYN practices into one suite at 10 Forest Ave., according to a news release. It’s leasing the space at the three-story, 40,850-square-foot property under a deal with Zohar Zisapel Properties Inc. and Yehuda Zisapel Properties Inc.
NAI Hanson’s Josh Levering, Darren Lizzack and Randy Horning represented the tenant, while Masi Boyle Associates’ Rose Najarian represented the landlord. They noted the building’s location just off Route 4 West and close to Westfield Garden State Plaza, along with its access to Route 17, Interstate 80 and the Garden State Parkway.
“The competition for high-quality medical office space in northern New Jersey is fierce,” Levering said. “In such a tough market, it’s often difficult for health care providers to find locations that are not only easy to access but are adaptable to their needs. We’re happy to have played a role in helping this practice identify the ideal space and bring these in-demand services to the Paramus community.”
Tina Traster is a freelance writer and the editor of Rockland County Business Journal. She is also a former business writer for Crain’s New York Business, real estate writer for the New York Post and staffer at the Bergen Record.
