Heller Industrial Parks Inc Leases 208391 Square Feet To Tenant Represented By Matthew C. Turse
LEASED
New Jersey
See Similar DealsIndustrial208,391 SF
Leased 01/22/2019
LEASED
Heller Industrial Parks Inc Leases 208391 Square Feet To Tenant Represented By Matthew C. Turse
60 Distribution BLVD, Edison, NJ, 08817
See Similar DealsIndustrial208,391 SF
Leased 01/22/2019
Summary
NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:208,391 SF
Transaction Type:Lease
The property involved in this transaction is a warehouse and distribution center located at 60 Distribution Blvd., Edison, NJ, totaling 208,391 square feet. It serves as a facility for Concordance Healthcare Solutions, a company focused on healthcare distribution.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 60 Distribution Blvd, Edison, NJ, 08817
- Market: Edison
- Tenant: Concordance Healthcare Solutions
- Landlord: Heller Industrial Parks Inc
- Tenant's Representative: Matthew C. Turse (Avison Young)
This lease agreement spans 10 years and was facilitated by the Avison Young team, which includes Timothy J. Cadigan, Matthew C. Turse, and John Recchia, who negotiated the terms directly with Heller Industrial Parks Inc.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$11,944,846.37
Total Lease Value
$119,448,463.68
Net Landlord Cash Flow$11,944,846.37
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