The property asset involved in this transaction is located at 425 Gotham Pkwy, Carlstadt, NJ, 07072. It is a 115,000-square-foot facility owned by an institutional investor advised by J.P. Morgan Asset Management, specifically designed to house distribution operations for Tribeca Oven, Inc. The facility plays a crucial role in the wholesale artisan bread manufacturer’s operations in the Meadowlands market.

Summary of transaction details:

• Property Type: Lease
• Transaction Amount: Not disclosed
• Address: 425 Gotham Pkwy, Carlstadt, NJ, 07072
• Market: Carlstadt
• Tenant's Representative: John Donnelly from Colliers International
• Landlord: Unknown Institutional Investor
• Square Feet: 115,000

John Donnelly co-brokered the long-term renewal of the lease for Tribeca Oven with Jeff Miller from JLL, representing Tribeca Oven’s parent company, C.H. Guenther & Son Inc. The seamless lease renewal process involved significant collaboration between all parties, including Brian Golden from JLL, who served as the landlord representative for both properties involved in the deal.