MAHWAH, LEBANON AND HASKELL, NJ—NAI James E. Hanson brokered three separate transactions totaling 141,564-square-feet of space in New Jersey.
The largest was the sale/leaseback of a 119,264-square-foot industrial building located at 1595 MacArthur Boulevard, Mahwah, NJ to Cabot Properties. Hanson's Kenneth D. Lundberg, SIOR, Steve Pastor and Patrick Lennon represented the seller, 1595 MacArthur Blvd. LLC in the transaction and negotiated a long-term lease deal to allow Dimensional Communications to remain in the state-of-the-art facility which currently houses all of its operations.
The building features 100,264-square-feet of warehouse and production space as well as 19,000-square-feet of newly renovated office space. The state-of-the-art facility boasts 25-foot ceilings and a number of advanced systems designed to accommodate DCI's operations. Situated on a 9.95 acre lot and the property offers 163 free surface parking spaces.
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