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CBRE Negotiates 48.6K SF Industrial Lease Renewal In Lincoln Park
LEASED
+ 1
New Jersey
See Similar DealsIndustrial48,650 SF
Leased 06/07/2024
LEASED
CBRE Negotiates 48.6K SF Industrial Lease Renewal In Lincoln Park
132 Beaver Brook Road
See Similar DealsIndustrial48,650 SF
Leased 06/07/2024
+ 1
Summary
NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:48,650 SF
Transaction Type:Lease
An industrial lease renewal for Richelieu American Ltd. was negotiated by CBRE, covering a 48,650-square-foot property located at 132 Beaver Brook Road in Lincoln Park, NJ. The lease involved Northbridge Partners as the landlord.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 132 Beaver Brook Road
- Market: Lincoln Park
- Square Footage: 48,650
- Tenant: Richelieu American Ltd.
- Landlord: Northbridge Partners
- Brokers: Chad Hillyer, Kate Granahan, Kevin Dudley & Nicholas Klacik - CBRE
The team from CBRE that facilitated the deal comprised of Kevin Dudley, Chad Hillyer, Nicholas Klacik, and Kate Granahan, representing Northbridge Partners as the landlord in the transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,788,588.64
Total Lease Value
$27,885,886.43
Net Landlord Cash Flow$2,788,588.64
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