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Aerial view of Newark, New Jersey. Photo by David Wilson/ Flickr

Hanson closes 40,000 s/f laundry lease

NAI James E. Hanson brokered a lease for 40,000 s/f of industrial space to Handy Laundry at 50 Spring Street in Ramsey, N.J.

Kenneth Lundberg, SIOR, Gary Sauerborn, and Patrick Lennon represented the landlord, Yankee Partners, in the exclusive listing. The building is managed by John Landers and Karen Vincentz.

Handy Laundry is a manufacturer and nationwide distributor of laundry bags, hampers and household items. Previously based in Rockland County, NY, Handy Laundry had been searching for a new location that presented them with the same accessibility as their current facility but with significantly lower real estate taxes and increased square footage to allow for continued company growth.

50 Spring Street is a 132,389 s/f, single-story industrial building with 18 ft. ceilings and four tailgates located directly off Route 17 with access to both Interstate 287 and Route 202.

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