Joseph Halberstam Leases 75,000 SF Industrial Space To Harborlite In Plainfield For $8/ft
LEASED
$10
+ 1
New Jersey
See Similar DealsIndustrial75,000 SF
Leased 05/01/2025
LEASED
Joseph Halberstam Leases 75,000 SF Industrial Space To Harborlite In Plainfield For $8/ft
1000 South 2nd Street
See Similar DealsIndustrial75,000 SF
Leased 05/01/2025
+ 1
Summary
NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$10
Total Square Footage:75,000 SF
Transaction Type:Lease
The property involved in this transaction is located at 1000 South 2nd Street, Plainfield and is categorized as an industrial asset. The lease type is a NNN Lease, with a square footage of 75,000 square feet and an asking rent of $8 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $600,000
- Address: 1000 South 2nd Street
- Market: Plainfield
- Landlord: Joseph Halberstam
- Tenant: Harborlite
- Brokers: Jack Zalta, Emil Shabot, Jeff Geoghegan & Yanke Chaimowitz - Kassin Sabbagh Realty
The individuals involved in this lease transaction include landlord Joseph Halberstam and tenant Harborlite. The deal was facilitated by a team of brokers from Kassin Sabbagh Realty, comprising Jack Zalta, Emil Shabot, Jeff Geoghegan, and Yanke Chaimowitz.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$859,790.95
Total Lease Value
$8,597,909.48
Net Landlord Cash Flow$859,790.95
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