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Dealership buys in Glen Rock.


NAI See Network Associates.  James E. Hanson recently represented the seller, Toscano & Taccetta Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Co., and the buyer, Glen Motors, in the sale of the 45,000 s/f office building located at 464 Broad Street in Glen Rock Glen Rock, borough (1990 pop. 10,883), Bergen co., NE N.J., a residential suburb of New York City; settled c.1710, inc. 1896. George Washington's army used the area for camping grounds during the Revolutionary War. , NJ.

NAI Hanson's president William C. Hanson, SIOR SIOR Society of Industrial and Office Realtors
SIOR Specialist, Industrial and Office Real estate
, and vice president Ronald A. Fotiu were responsible for the transaction. Glen Motors plans to use the space as a Toyota Service Center.

464 Broad Street features 12,000 s/f of office space, 18' ceilings, several drive-in doors and ramps, ample parking, and close proximity to Toyota's existing dealership.

"Current market trends are showing that car dealerships This article is about car dealerships. For the indie pop band, see Dealership (band).

A car dealership or vehicle local distribution is a business that sells new cars and/or used cars at the retail level, based on a dealership contract with an automaker or
 and manufacturers are seeking larger facilities to satisfy operations as dealerships are forced to expand or relocate their existing highway locations," commented Fotiu.

"The difficulty in finding service center locations is due to the lack of available feasible space, zoning regulations, and the high cost of renting or purchasing space. Car dealerships are now focusing on secondary corridors where older industrial sites can be converted to a better use.

"As long as the warehouses are in close proximity to the main dealership, and are convenient for customers, opening new service center locations are a viable alternative."
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Article Details
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Title Annotation:FINANCE
Publication:Real Estate Weekly
Date:Nov 15, 2006
Words:198
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