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Easton Coach Co. Leases 160,000-SF Industrial Property In Union, NJ
LEASED
$23
+ 1
New Jersey
See Similar DealsIndustrial160,000 SF
Leased 05/31/2023
LEASED
Easton Coach Co. Leases 160,000-SF Industrial Property In Union, NJ
601 Lehigh Ave, Union, Nj 07083
See Similar DealsIndustrial160,000 SF
Leased 05/31/2023
+ 1
Summary
NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$23
Total Square Footage:160,000 SF
Transaction Type:Lease
Ground transportation services provider Easton Coach Co. has fully leased a 160,000-square-foot industrial property in Union, NJ at 601 Lehigh Avenue. The property, which has been vacant since 2021, was represented by Lee & Associates and Bussel Realty in the lease transaction. The asking rent for the property was $23 per square foot.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 601 Lehigh Avenue, Union, NJ
- Market: Union
Easton Coach Co. leased the 160,000-square-foot industrial property located at 601 Lehigh Avenue in Union, NJ. The lease transaction was facilitated by Jordan Metz and Eric Koons from Bussel Realty, representing the landlord, and Joseph Komitor and Scott Deutchman from Lee & Associates, representing the tenant, Easton Coach Co.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$4,218,707.59
Total Lease Value
$42,187,075.87
Net Landlord Cash Flow$4,218,707.59
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