Phoenix Aromas Renews 79K SF Norwood Industrial Lease, Represented By MRH And Alfred Sanzari
LEASED
New Jersey
See Similar DealsIndustrial79,466 SF
LEASED
Phoenix Aromas Renews 79K SF Norwood Industrial Lease, Represented By MRH And Alfred Sanzari
355 Chestnut St, Norwood, NJ, 07648
See Similar DealsIndustrial79,466 SF
Summary
NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:79,466 SF
Transaction Type:Lease
The industrial property located at 355 Chestnut St in Norwood, NJ, spans a total of 79,466 square feet. This asset, owned and developed by Alfred Sanzari Enterprises, boasts six loading docks and a clear height of 20 feet.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Not provided
- Address: 355 Chestnut St, Norwood, NJ, 07648
- Market: Norwood
- Tenant's Rep: Mitch Helfman(MRH Real Estate Services)
- Landlord's Rep: Steve Jennings(Alfred Sanzari Enterprises)
- Landlord: Alfred Sanzari Enterprises
Phoenix Aromas & Essential Oils successfully renewed their lease for the 79,466-square-foot industrial property at 355 Chestnut St in Norwood, NJ. Representing the tenant in the negotiations was Mitch Helfman of MRH Real Estate Services, while Steve Jennings acted as the landlord's representative internally.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$4,554,943.17
Total Lease Value
$45,549,431.67
Net Landlord Cash Flow$4,554,943.17
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