NAI James E. Hanson, a commercial real estate firm, has negotiated a lease for a 12,000-square-foot retail/showroom building in Parsippany.
Randy Horning and Darren Lizzack of NAI Hanson represented the tenant, Home Comfort Furniture, and the landlord, Peak Realty Enterprises LLC, in the deal.
Home Comfort Furniture is a provider of high-quality furniture and bedding products. Its new location at 120 Route 46 West will provide it with an easy accessible and large showroom, it said.
“Despite skepticism regarding the retail market in recent quarters, we continue to see strong demand for well-positioned retail space in corridors like Route 46,” Horning said. “We recognized that this location would be perfect for Home Comfort Furniture as the area was currently lacking a furniture outlet, and the accessibility of the space made it ideal for the company to establish a presence in the market. The Parsippany market’s strong growth fundamentals continue to make it an ideal location for both retail operators like Home Comfort Furniture and retail owners searching for quality tenants.”