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.
Hanson also arranged the sale of Hunterdon Auto, 1130 Route 22 West in Lebanon. Senior vice president Josh Levering, SIOR and vice president Sigmund Schorr represented the seller, Lacamera Realty, in the sale of the 18,500 state-of-the-art auto center to Calvert Family Holdings. The buyer plans to use the site for the sale, lease and service of previously owned vehicles.
Situated on six acres with parking available to accommodate over 300 vehicles, the full service auto dealership and showroom includes 7-bay service areas and car wash, a modern service and parts department and cleaning station, a showroom with a coffee station and waiting area.
Hanson also brokered the sale of a 3,800-square-foot neighborhood retail center at 1108-1116 Ringwood Avenue in Haskell, NJ. Darren Lizzack, associate vice president, and Randy Horning, senior sales associate, represented the seller, Abeth Reality Company Inc., in the transaction. Defino & Co. Realtors represented the buyer.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
