St. Joseph’s Hospital Leases 21895 Square Feet At 1135 Broad St In Clifton NJ

The property involved in this lease transaction is located at 1135 Broad St, Clifton, NJ, 07013. It is situated in the Clifton market and encompasses a total area of 21,895 square feet. The building stands three stories tall, totaling 68,000 square feet, and offers convenient access to Route 3, 19, and 46. Current improvements include the installation of a Grab and Go/Smart Café, renovations of hallways, and repaving of the parking lot, scheduled for completion by spring 2020.

Summary of transaction details:

• Property Type: Lease
• Transaction Amount: Not specified
• Address: 1135 Broad St, Clifton, NJ, 07013
• Market: Clifton
• Landlord: First Equity Development Co.
• Landlord's Representative: Darren Lizzack, NAI James E. Hanson
• Tenant: St. Joseph’s Hospital
• Square Feet: 21,895
• Current Tenants: St. Joseph’s University Medical Center, Kessler Rehabilitation Center, Tenafly Pediatrics, Children’s Specialized Hospital

In this transaction, NAI James E. Hanson negotiated two leases at the property, including one extension with St. Joseph’s Hospital, and a new lease with Dentistry for Children for 5,050 square feet. The owner, First Equity Development Co., was represented by Randy Horning and Darren Lizzack. The tenants, St. Joseph’s Hospital, were represented by representatives from Lee & Associates, including Peter Rasmusson, Joe Tormen, and Michael Willis, while Dentistry for Children was represented by Joe Lombardi of Masserano Real Estate and Consulting Inc.