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175 Anderson LLC Leases 25526 Square Feet At 175 Anderson Ave Moonachie NJ With Jeff DeMagistris

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LEASED

New Jersey

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Industrial25,526 SF
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LEASED

175 Anderson LLC Leases 25526 Square Feet At 175 Anderson Ave Moonachie NJ With Jeff DeMagistris

175 Anderson Ave, Moonachie, NJ, 07...

See Similar Deals
Industrial25,526 SF
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Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:25,526 SF
Transaction Type:Lease

The property is located at 175 Anderson Ave, Moonachie, NJ, and spans 25,526 square feet. It is situated on a one-acre lot and features 18-foot ceilings and five loading docks. The landlord for this property is 175 Anderson LLC, and the lease has been completed for the entire building to be occupied by Cactus Clothing Co. This facility will serve as a warehouse and distribution center for the company after relocating from Carlstadt.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 175 Anderson Ave, Moonachie, NJ
  • Market: Moonachie
  • Landlord's Representative: Jeffrey "Jeff" DeMagistris - NAI Capital
  • Landlord: 175 Anderson LLC
  • Tenant: Cactus Clothing Co.
  • Square Feet: 25,526
  • Size of Dedicated Office Space: 2,500 square feet

Broker representatives involved in the transaction include Jeff DeMagistris and Tom Vetter from NAI James E. Hanson, who represented the landlord. The team has also brokered the recent sale of the property to its current owner, highlighting their expertise in industrial assets and local market knowledge.

Players

Jeffrey "Jeff" DeMagistris
3 deals$6M volume
BROKER

Details

LEASED
IMAGE: 175 Anderson Ave, Moonachie, NJ, 07... MARKET: Moonachie LANDLORD'S REP: Jeffrey "Jeff" DeMagistris - NAI Capital LANDLORD: 175 Anderson LLC SQUARE FEET: 25526

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Deal Type
Effective Rent (Annual)

$1,463,134.92

Total Lease Value

$14,631,349.17

Net Landlord Cash Flow$1,463,134.92