NAI James E. Hanson, a commercial real estate firm based in Teterboro, announced Wednesday it has negotiated the sale of an office building in Mount Olive.
NAI Hanson’s Joseph Vindigni represented the seller, Mendham Associates LLC, and the buyer, SNAP Creative Marketing LLC, of the 5,000-square-foot property located at 425 Sand Shore Road.
Formerly the site of a Montessori school, the vacant property is a two-story, office building within close access to Route 46.
SNAP Creative Marketing is a woman-owned business focused on marketing and advertising for publishing, broadcast media, direct to consumer and business- to-business.
“In today’s office market, it’s not uncommon for businesses to have difficulty finding a well-located space to suit their unique needs,” Vindigni said. “Fortunately, through our deep local market knowledge, we were well aware of 425 Sand Shore Road’s vacancy issues and were able to identify an off-market opportunity on behalf of our client by approaching the owner of the property and negotiating a deal that benefited both parties. We were pleased to help our client find the perfect location for their expanding firm.”
Financial terms were not disclosed.