For Immediate Release
West Orange, N.J. (February 13, 2025) – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, has negotiated a 1,105-square-foot medical office lease at 414 Eagle Rock Avenue in West Orange, New Jersey. NAI James E. Hanson’s Team Lizzack-Horning, comprised of Darren Lizzack, MSRE and Randy Horning, MSRE, represented the owner, Cort Eagle, LLC in the transaction with the tenant, Elite Concierge Medicine.
Elite Concierge Medicine is a concierge medical practice, a membership-based healthcare delivery model offering patients highly personalized and accessible care from their physicians. The lease signals the growing presence of concierge medical practices across the state. It is projected that the U.S. concierge medicine market is predicted to be worth nearly $18B by 2033.
“Concierge medical providers are the latest entrants into northern New Jersey’s already competitive healthcare market,” said Lizzack. “Their arrival, combined with strong existing demand from primary and specialty care providers, has intensified competition for suburban Class-A medical office space in recent years.”
414 Eagle Rock Avenue is a 54,799-square-foot professional and medical office building conveniently located just off Interstate 280 in West Orange, New Jersey. Renovated in 2024, the property boasts new common area carpeting, wallpaper, window blinds, elevator cabs, bathrooms, and a new digital directory.
Established in 2014, Team Lizzack-Horning is an expert brokerage team that specializes in healthcare, office, and investment property transactions. Over the last 30 months, the team has successfully closed 81 real estate sales and leasing transactions totaling more than $98M in value. The team’s innovative end-to-end platform, augmented by CREA United, an expansive network of real estate service providers Lizzack and Horning co-founded, helps clients navigate the increasingly complex transaction process.
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About NAI James E. Hanson
Since 1955, NAI James E. Hanson has been a leading independent full-service commercial real estate brokerage and property management firm. Serving a diverse client list, the company offers strategic solutions in office, industrial, and retail brokerage, investment sales, land sales, management, government services, and financing expertise.
As one of the original members of NAI Global, an international commercial real estate network with over 325 offices worldwide, NAI James E. Hanson continues to build on its legacy of excellence.
In 2025, the firm expanded its capabilities with the acquisition of The Garibaldi Group and NAI Summit, creating one of the region’s most experienced commercial real estate services platforms. For more information on NAI James E. Hanson, contact William C. Hanson, SIOR, at the company’s Teterboro office at 201-488-5800 or visit www.naihanson.com.
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