The asset involved in this transaction is an industrial property located at 150 Lackawanna Avenue in Parsippany. The total square footage of the property is 85,100. This lease transaction was executed with Wieland Metal Services as the tenant, while FAO Realty LLC is identified as the landlord.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 150 Lackawanna Avenue
• Market: Parsippany
• Landlord: FAO Realty LLC
• Tenant: Wieland Metal Services
• Landlord's Representative: Scott Perkins - NAI James E. Hanson
• Tenant's Representatives: Thomas Mallaney & Denise Kokulak - CBRE

CBRE secured the lease renewal for Wieland Metal Services, with the team led by Thomas Mallaney and Denise Kokulak. Scott Perkins represented the landlord in this transaction, facilitating the lease agreement for the industrial asset.