Updated Oct 29, 2024
Evertrust Plaza Leases 19275 Square Feet In Jersey City With Garrett Rioux And Geoffrey Schubert As Representatives
1 Evertrust PLZ, Jersey City, NJ, 07302
Building Size
19,275 SF
Asset Type
—
Closing
Nov 20, 2023
About this deal
AI
The property asset involved in this transaction is located at 1 Evertrust PLZ, Jersey City, NJ, 07302. This lease transaction involves a space totaling 19,275 square feet and is situated in the Jersey City market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1 Evertrust PLZ, Jersey City, NJ, 07302
- Market: Jersey City
- Square Feet: 19,275
- Landlord: Evertrust Plaza
- Tenant's Rep: Garrett Rioux-CBRE
- Landlord's Rep: Geoffrey Schubert-CBRE
The key individuals involved in this transaction include Garrett Rioux, who represents the tenant, and Geoffrey Schubert, who represents the landlord. Both representatives are affiliated with CBRE, underscoring their roles in facilitating the lease agreement between the parties involved.
On the Map
Players
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Boundary boundary · CRE · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93