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Mitchell Kamps Leases Industrial Property In North Brunswick From Saadia Group
LEASED
+ 1
New Jersey
See Similar DealsIndustrial153,320 SF
Leased 04/11/2024
LEASED
Mitchell Kamps Leases Industrial Property In North Brunswick From Saadia Group
1735 Jersey Avenue
See Similar DealsIndustrial153,320 SF
Leased 04/11/2024
+ 1
Summary
NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:153,320 SF
Transaction Type:Lease
The industrial property located at 1735 Jersey Avenue in North Brunswick spans across 153,320 square feet. The lease for this asset was finalized on 04/11/2024. The landlord, Sean Foster of Saadia Group, entered into an agreement with the tenant, Mitchell Kamps of Kamps Pallets.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not Specified
- Address: 1735 Jersey Avenue
- Market: North Brunswick
- Landlord: Sean Foster - Saadia Group
- Tenant: Mitchell Kamps - Kamps Pallets
The parties involved in the lease transaction were represented by Mindy Lissner from Cushman & Wakefield acting as the landlord's representative. On the other side, the tenant's representation was handled by Edward M. English, Jr., Paul Errigo, and Ronald Ganter from Avison Young, ensuring a smooth and successful deal for both parties.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$8,788,209.88
Total Lease Value
$87,882,098.80
Net Landlord Cash Flow$8,788,209.88
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