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Pinnacle Product Developers Leases Industrial Space At 215 S Newman St, Hackensack, NJ

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LEASED
$9

New Jersey

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Industrial14,000 SF
Leased 01/15/2021
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Property Image
LEASED

Pinnacle Product Developers Leases Industrial Space At 215 S Newman St, Hackensack, NJ

215 South Newman Street

See Similar Deals
Industrial14,000 SF
Leased 01/15/2021
Contact now

Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$9
Total Square Footage:14,000 SF
Transaction Type:Lease

The industrial property located at 215 S Newman Street in Hackensack, NJ has recently been leased. The tenant, Pinnacle Product Developers, has signed a lease agreement with the landlord, The Stro Companies. The lease was facilitated by George Eggers from KenKap Realty, who represented Pinnacle Product Developers, and Jack Shulman from Stro Companies, who represented the landlord. The leased space spans 14,000 square feet.

Summary of transaction details:

The Stro Companies, the landlord, is currently seeking to purchase industrial warehouse properties in New Jersey. For property submissions or inquiries, please contact Jack Shulman, the Director of Leasing, Acquisitions, & Capital Markets at Stro Companies. His contact information is as follows: (551) 276-5062 and [email protected].

Players

Jack Shulman
12 deals$199.2M volume
BROKER

George Eggers
KenKap Realty
1 deal
BROKER


The Stro Companies
LANDLORD

Details

LEASED
IMAGE: Jack Shulman DATE: 01/15/2021 ADDRESS: 215 S Newman Street MARKET: Hackensack, NJ ASSET TYPE: Industrial TENANT: Pinnacle Product Developers LANDLORD: The Stro Companies TENANT’S REP: George Eggers - KenKap Realty LANDLORD’S REP: Jack Shulman @JackShulman ASKING RENT: $9.50/ft. ~ SF: 14,000 NOTES: The Stro Companies is looking to purchase industrial warehouse properties in New Jersey. For property submissions, please contact: Jack Shulman Director of Leasing, Acquisitions, & Capital Markets (551)276-5062 [email protected]

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Deal Type
Effective Rent (Annual)

$152,469.59

Total Lease Value

$1,524,695.95

Net Landlord Cash Flow$152,469.59