NAI James E. Hanson on Monday said it recently negotiated a 6,789-square-foot lease and a 5,320-square-foot lease at 1 Broad Avenue in Fairview, bringing the building to 100% occupancy.
Andrew Somple, SIOR, and Jessica Curry, CCIM represented the landlord, Cohen Asset Management, in both transactions.
The new tenants bring a baseball and softball training facility and a custom interior design company specializing in metalworks and furniture to the building along with the current tenants. The building layout and loading makes it a perfect location for small to medium sized tenants in the area.
The property at 1 Broad Street s a 69,202-square-foot industrial/flex property on 2.73 acres located just off Route 9. The building boasts eight shared loading docks, ample on-site parking and specializes in space for tenants that have no requirement for exclusive loading in their space but need a great centralized site at a competitive price. The property’s strategic location provides convenient access to several major highways and ports, and New York City via the George Washington Bridge and Lincoln Tunnel.
“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.”
