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MH&W International Renews Lease For 13,227 SF Industrial Space In Mahwah

575 Corporate Drive
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This Industrial property located in NJ was leased 18 days ago. The brokers of the deal were Darren Lizzack and Randy Horning

Zohar Zisapel Properties Inc. and Radbit Computers Inc. have facilitated the lease renewal of a 13,227-square-foot industrial/flex space located at 575 Corporate Drive in Mahwah. The property boasts a 97.1% occupancy rate, highlighting its popularity in the Bergen County market.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Date: 11/17/2023
  • Address: 575 Corporate Drive
  • Market: Mahwah
  • Square Footage: 13,227

The lease renewal was completed on behalf of the tenant, MH&W International Corp., by their representative, MRH Realty. The landlords, Zohar Zisapel Properties Inc. and Radbit Computers Inc., were represented by Darren Lizzack and Randy Horning from NAI James E. Hanson. This successful lease renewal ensures the continued high occupancy level of the industrial/flex space at 575 Corporate Drive.

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Deals
  • Location
    575 Corporate Drive575 Corporate Drive
  • Area
    13,227 SF13,227 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Darren Lizzack

Darren Lizzack

Deals7
Sold$ 35,905,000
Randy Horning

Randy Horning

Deals5
Sold$ 17,850,000

Agency

NAI Capital

NAI Capital

Agency
Deals465
Volume$ 3,010,233,019

Deal Summary

LEASE IMAGE: Darren Lizzack & Randy Horning DATE: 11/17/2023 ADDRESS: 575 Corporate Drive MARKET: Mahwah ASSET TYPE: Industrial ~ SF: 13,227 LANDLORD: Zohar Zisapel Properties Inc.; Radbit Computers Inc TENANT: MH&W International Corp. - Ulrich Gernhardt LANDLORD'S REP: Darren Lizzack (@LizzackHorning) & Randy Horning (@TheRealRandizzle) - NAI James E. Hanson (@NAI_Hanson) TENANT'S REP: MRH Realty NOTE: NAI James E. Hanson facilitated the lease renewal of a 13,227-square-foot industrial/flex space at 575 Corporate Drive in Mahwah for MH&W International Corp. The landlords, Zohar Zisapel Properties Inc. and Radbit Computers Inc., were represented by Hanson's Team Lizzack-Horning, ensuring the property's 97.1% occupancy level in Bergen County.

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