NAI Hanson negotiates lease extension for Kessler in Clifton


NAI James E. Hanson, a business actual property agency based mostly in Parsippany and Teterboro, introduced Tuesday it has negotiated a lease extension for Kessler Institute for Rehabilitation Inc. in Clifton.

The extension contains 5,511 sq. toes of medical workplace area positioned at 1135 Broad St.

Randy Horning and Darren Lizzack of NAI Hanson represented the owner, First Fairness Improvement Co. within the cope with the tenant, Kessler, represented by John Morrissey of Jackson Cross Partners.

The property is a three-story, 68,000-square-foot medical workplace constructing with excessive visibility from the southbound facet of the Backyard State Parkway on the intersection of Route three, NAI Hanson stated. It boasts a contemporary design with outside balconies, a granite facade and a naturally-lit atrium foyer.

The lease at 1135 Broad is certainly one of greater than 95 Kessler Rehabilitation Heart areas in North Jersey.

“Three of crucial elements relating to website choice for medical workplace customers boils all the way down to an excellent location, robust space demographics and a fantastic tenant combine,” Horning stated. “Whereas oftentimes medical customers could must prioritize or compromise on a few of these features when securing medical workplace area, 1135 Broad Road delivers on all of those fronts whereas additionally that includes a sublime, trendy design. We had been happy to help First Fairness Improvement Firm on this transaction to assist them negotiate an extension with a long-term, high quality tenant.”

Monetary phrases weren’t disclosed.