Denholtz Associates Leases 20300 Square Feet At 141 Ethel Rd W Piscataway With Jaime Zimmel
LEASED
New Jersey
See Similar DealsIndustrial20,300 SF
Leased 01/14/2019
LEASED
Denholtz Associates Leases 20300 Square Feet At 141 Ethel Rd W Piscataway With Jaime Zimmel
141 Ethel Rd W, Piscataway, NJ, 08854
See Similar DealsIndustrial20,300 SF
Leased 01/14/2019
Summary
NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:20,300 SF
Transaction Type:Lease
The property located at 141 Ethel Rd W, Piscataway, NJ, 08854 is a 20,300-square-foot industrial space within the Piscataway Corporate Center. This facility is designed for manufacturing and distribution, featuring 22-foot ceilings and energy-efficient HVAC systems.
Summary of transaction details:
- Property Type: Industrial Lease
- Transaction Amount: Not disclosed
- Landlord: Denholtz Associates
- Landlord's Representative: Jaime Zimmel - Zimmel Associates
- Tenant: CLIO LLC
- Market: Piscataway
CLIO LLC, a snack food manufacturer, has secured this lease to produce and distribute chocolate-dipped Greek yogurt bars. The terms of the lease were not disclosed.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,163,583.75
Total Lease Value
$11,635,837.50
Net Landlord Cash Flow$1,163,583.75
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