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Albert Malgrans Leases Industrial Property At 74 Carter Drive In Edison With Landlord Wick Companies
LEASED
+ 3
New Jersey
See Similar DealsIndustrial80,250 SF
Leased 01/24/2024
LEASED
Albert Malgrans Leases Industrial Property At 74 Carter Drive In Edison With Landlord Wick Companies
74 Carter Drive
See Similar DealsIndustrial80,250 SF
Leased 01/24/2024
+ 3
Summary
NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:80,250 SF
Transaction Type:Lease
An industrial property located at 74 Carter Drive in Edison has been leased in a long-term agreement. The property spans across 80,250 square feet, making it a spacious asset in the market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not available
- Address: 74 Carter Drive, Edison
- Tenant: Albert Malgrans - Roca Tile
- Landlord: Wick Companies
- Brokers: Chad Hillyer, Jake Westfall, Kate Granahan, Kevin Dudley, Nicholas Klacik, and Tristan Askew - CBRE
- Lease Term: Long-term
The lease deal was facilitated by the CBRE team, comprising of brokers Chad Hillyer, Jake Westfall, Kate Granahan, Kevin Dudley, Nicholas Klacik, and Tristan Askew. Roca Tile, represented by Albert Malgrans, will occupy the industrial space at 74 Carter Drive.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$4,599,881.57
Total Lease Value
$45,998,815.74
Net Landlord Cash Flow$4,599,881.57
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