A 16,000 sq-ft industrial lease has been arranged for Nephros at 30 Leslie Court in Whippany. The property, owned by Adir Levitas of Faropoint, offers a temperature-controlled space with easy access to regional thoroughfares and the company's headquarters. The lease was brokered by Josh Krantz of Lee & Associates, who represented the tenant, Nephros, a water technology company.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 30 Leslie Court, Whippany
• Market: Whippany
• Landlord: Adir Levitas - Faropoint
• Tenant: Nephros
• Landlord's Representative: Kate Granahan & Chad Hillyer - CBRE
• Tenant's Representative: Josh Krantz - Lee & Associates
• Asking Rent: $12.25/ft.

Josh Krantz of Lee & Associates played a key role in facilitating the industrial lease for Nephros at 30 Leslie Court in Whippany. The lease will support the expansion of Nephros' operations in New Jersey, providing them with a temperature-controlled space and convenient access to major regional routes. Adir Levitas, representing Faropoint, showcased the property's advantages to secure the deal.