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Neighbor News

NIA National Realty Brokers Paramus/Rochelle Park Building Sales

Panayoti Completes Sale of 676 Winters Ave to Valley Heath Systems, Adjacent to Future Hospital Campus

Paramus based NIA National Realty, a leading provider of retail and office real estate services in New Jersey, announced they had successfully brokered the sale of 2 building transactions at 151 Route 17 in Rochelle Park, NJ and 676 Winters Avenue, Paramus.

NIA's Vice President Gregory Panayoti closed both deals. 676 Winters Avenue sold to Valley Health Systems, a location adjacent to where the hospital will be relocating their future main campus from their current Ridgewood, NJ location in 2023. The 8,400 sf building features 3 floors of rentable office space as well as ample parking. "Valley Health Systems turned to Paramus for a new location for their hospital after sustained opposition in Ridgewood to double the size of the facility in the village. This property offers potential medical office and administrative support office space" commented Panayoti.

Panayoti, one of NJ's top retail broker specialists, also completed the sale of 151 Route 17 North, Rochelle Park to a European furniture company. The 2-story flex-building boosts ideal highway accessibility and direct frontage on the famed Route 17 shopping corridor.

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NIA National Realty is a full-service commercial real estate company specializing in the sale and leasing of retail, office, warehouse, industrial and investment properties. For more information visit www.nianationalrealty.com.

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