Member News — NAI Hanson’s Schilp Negotiates Lease for Former Daycare Center in Mahwah
January 8th, 2019
NAI James E. Hanson, a leading New Jersey based full-service independent commercial real estate firm, announces it has negotiated a lease for 9,831 square feet of office space at 25 Edison Road in Mahwah, N.J. NAI James E. Hanson’s John J. Schilp represented the tenant, Emersion Schools LLC, and the landlord, Ronald Striegel & 325 E. 90th St., LLC in the transaction.
The former site of a child daycare center, 25 Edison Road is a 9,831-square-foot building situated on a well-landscaped 1.83-acre site. The building offers an ideal location near Franklin Lakes and Wyckoff with proximity to Routes 287, 208 and 17. Featuring ample parking for 50 cars and excellent, move-in ready condition, 25 Edison Road is well-suited for a range of professional uses beyond child care.
“Although a former child care center, we recognized that a well-located, quality property like 25 Edison Road could lend itself to a variety of uses and would be a perfect location for Emersion Schools, LLC,” said Schilp. “Leveraging our experience in the Bergen County office market, we were able to negotiate a mutually beneficial deal on behalf of both landlord and lessee.”
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