NAI James E. Hanson on Wednesday announced a 12,954-square-foot medical office lease at 155 Passaic Ave. in Fairfield.
NAI James E. Hanson’s Andrew Kirshenbaum represented the tenant, Brave Wings Therapy, in the transaction with the landlord, Bergman Real Estate Group.
Known as Airport Executive Center, 155 Passaic Ave. is a four-story, 88,000-square-foot office building adjacent to the Essex County Airport. Offering excellent access to Routes 23 and 46 and Interstates 80 and 287, the building features a recently renovated lobby and public areas, fiber-optic and other high-speed telecommunication services, 24-hour keypad access and onsite property management, and is within walking distance to nearby restaurant and banking facilities.
Brave Wings Therapy is a pediatric practice specializing in speech therapy, feeding and occupational therapy services that has experienced substantial growth over the past two years and needed to secure new space that better fit its growing needs. NAI James E. Hanson brokered a deal to help the tenant, which previously occupied four suites at 1211 Hamburg Turnpike in Wayne, relocate to Airport Executive Center in three phases while maintaining space at each property for 14 months.
In its new space, the tenant will occupy contiguous suites on the ground floor featuring two different entrances that provide access from reserved parking spots to ensure easy entry for patients.
“Transactions such as this emphasize the need for a real estate service provider to truly understand their client’s unique needs,” Kirshenbaum said. “In this case, a practice conducting crucial work in the community was expanding rapidly and needed to be creative to continue providing quality service throughout their transition to a new space. As high-quality medical office space continues to be in high demand across northern New Jersey, it’s important for businesses to work with a broker capable of navigating the competitive market to find spaces that can fit the needs of today’s health care practitioners.”
