Jazmine Clausen-Soir Of EXP Realty Secures Lease For 154 Units At Jersey Walk In Elizabeth
LEASED
$2,600
New Jersey
See Similar DealsDevelopment Site130,000 SF
Leased 10/04/2024
LEASED
Jazmine Clausen-Soir Of EXP Realty Secures Lease For 154 Units At Jersey Walk In Elizabeth
925 East Jersey Street
See Similar DealsDevelopment Site130,000 SF
Leased 10/04/2024
Summary
NEW JERSEY
Asset Type:Development Site
Price Per Square Foot:$2,600
Total Square Footage:130,000 SF
Transaction Type:Lease
The property involved is a development site located at 925 East Jersey Street in the Elizabeth market. The asset comprises a total of 154 rental units, indicating a substantial capacity for residential lease. The details of the lease pertain to an arrangement classified as 'Other.'
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not specified
- Units: 154
- Lease Type: Other
- Address: 925 East Jersey Street
- Market: Elizabeth
- Broker: Jazmine Clausen-Soir - EXP Realty
The transaction was facilitated by Jazmine Clausen-Soir representing the SOLDBYJAZMINE TEAM, which successfully rented all 154 units at Jersey Walk in Elizabeth, NJ.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$387,479,120.73
Total Lease Value
$3,874,791,207.28
Net Landlord Cash Flow$387,479,120.73
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