Belleville, N.J. – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces it has negotiated a 2,557-square-foot renewal with Clark Dermatology, LLC at 36 Newark Avenue and a 1,776-square-foot relocation with The Heart Center of the Oranges at 5 Franklin Avenue on the campus of Clara Maass Medical Center, a RWJBarnabas Health facility, which is a fully accredited acute care hospital offering world‐class medical treatment close to home for the residents of Essex, Bergen, Hudson, and Passaic counties, in Belleville, N.J.
NAI James E. Hanson’s Team Lizzack-Horning, comprised of Darren Lizzack, MSRE, and Randy Horning, MSRE, represented the landlord, Everest Healthcare Properties, LLC, in the transactions. Team-Lizzack Horning has served as the exclusive leasing brokerage team for Everest Healthcare Properties’ Clara Maass Campus Medical Offices portfolio consisting of 127,143 square feet of medical office space across 5 Franklin Avenue, 36 Newark Avenue and 50 Newark Avenue since 2021.
The buildings in The Clara Maass Campus Medical Offices portfolio are an ideal fit for a wide range of physicians and healthcare providers. 5 Franklin Avenue is a seven-story, 53,062-square-foot medical office building with 24-hour access. 36 Newark Avenue is a three-story, 47,842-square-foot medical office building that is connected to Clara Maass Medical Center via an indoor pedestrian bridge. Located across the street, 50 Newark Avenue is a three-story, 26,239-square-foot medical office building with a wide range of available spaces.
“With a central location in one of the most densely populated parts of the state next to a premier healthcare facility, the Clara Maass Campus Medical Offices portfolio continues to be in high demand from healthcare tenants,” said Lizzack. “We were happy to work with both of these tenants to help them secure long-term homes for their practices as they continue to deliver care across northern New Jersey.”
Founded in 2014, Team Lizzack-Horning is an expert brokerage team that specializes in healthcare, office, and investment property transactions. Leveraging a holistic and analytical approach to working with clients, Team Lizzack-Horning’s expertise and experience are augmented by a trusted network of real estate service providers that help clients of any size navigate an increasingly complex healthcare real estate transaction process. Together, the team has successfully closed more than 80 deals over the past 24 months totaling more than $100 million.
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