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Piece Of Cake Moving & Storage Leases Industrial Space In Millburn For Operations

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LEASED

New Jersey

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Industrial53,500 SF
Leased 05/13/2024
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LEASED

Piece Of Cake Moving & Storage Leases Industrial Space In Millburn For Operations

70 East Willow Street

See Similar Deals
Industrial53,500 SF
Leased 05/13/2024
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Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:53,500 SF
Transaction Type:Lease

The industrial property at 70 East Willow Street in Millburn spans 53,500 square feet, featuring 4,000 square feet of offices, 16-foot ceilings, 10 tailboards, and heavy power. Situated on 2.3 acres, the property is strategically located near Interstate 78 and the New Jersey Turnpike.

Summary of transation details:

  • Property Type: Industrial
  • Transaction Amount: Not provided
  • Address: 70 East Willow Street
  • Market: Millburn
  • Landlord: Binyan Realty Corp.
  • Tenant: Voyo Popovic - Piece of Cake Moving & Storage

David Blitt and Steve Bussel from Bussel Realty represented the landlord, Binyan Realty Corp., in the lease transaction. On the other hand, Piece of Cake Moving & Storage was represented by Pinn Realty. The tenant, Voyo Popovic, aims to enhance their services for clients within the New York tri-state region with this 53,500 square feet lease.

Players

Steve Bussel
9 deals$44.7M volume
BROKER

Details

LEASED
IMAGE: 05/13/2024 ADDRESS: 70 East Willow Street MARKET: Millburn ASSET TYPE: Industrial ~ SF: 53,500 LANDLORD: Binyan Realty Corp. TENANT: Voyo Popovic - Piece of Cake Moving & Storage BROKERS: David Blitt & Steve Bussel - Bussel Realty NOTE: Piece of Cake Moving & Storage, based in New York, has leased 53,500 square feet of space at 70 E. Willow St. in Milburn to better serve clients in the New York tri-state region. Bussel Realty Corp. facilitated the transaction, representing the landlord, Binyan Realty Corp., while Piece of Cake Moving & Storage was represented by Pinn Realty. The industrial property, conveniently located near major transportation routes including Interstate 78 and the New Jersey Turnpike, features 4,000 square feet of offices, 16-foot ceilings, 10 tailboards, heavy power, and sits on 2.3 acres.

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Deal Type
Effective Rent (Annual)

$3,066,587.72

Total Lease Value

$30,665,877.16

Net Landlord Cash Flow$3,066,587.72