SUMMIT--NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, announced today that it has completed a 4,000-sf lease agreement with Peregrine Capital Partners, LLC, an investment banking and financial advisory firm, at 15 Maple Street in the heart of downtown Summit.
NAI Hanson's Thomas W. Ryan, Senior Vice President, represented the landlord, Bassett Associates, in this transaction.
Known in the area as the Roots Building because it was the flagship headquarters of Roots Clothiers and is now home to Summit's famous Roots Steak House, this 18,000 sf property is located at 15 Maple Street, at the corner of Springfield Avenue, downtown Summit's busiest pedestrian thoroughfare, which features a wide variety of boutique clothing stores, salon/spas, fine dining establishments and professional services firms.
In addition, the building is conveniently situated within walking distance of New Jersey Transit's Summit Train Station, which is served by the Gladstone and Morristown Lines, with direct service to Hoboken and Manhattan. Summit, which is poised for growth due to new construction of Class A office space within waking distance of the downtown, is accessible via Routes 24 and 78 and is 10-15 minutes from access to the Garden State Parkway and the New Jersey Turnpike.
NAI James E. Hanson
www.naihanson.com
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