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Larken Associates Secures Leases With Hunterdon Health And Tri County CMO In Stewartsville
LEASED
New Jersey
See Similar DealsMedical Office20,217 SF
Leased 03/14/2025
LEASED
Larken Associates Secures Leases With Hunterdon Health And Tri County CMO In Stewartsville
Medical Office20,217 SF
Leased 03/14/2025
Summary
Asset Type:Medical Office
Price Per Square Foot:$0
Total Square Footage:20,217 SF
Transaction Type:Lease
The property involved in this lease transaction is a medical office located at 1 Greenwich Street in Stewartsville. The total square footage of the asset is 20,217 square feet.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: Not specified
- Address: 1 Greenwich Street
- Market: Stewartsville
- Landlord: David Gardner - Larken Associates
- Tenant: Patrick J. Gavin - Hunterdon Health
- Tenant: James Parauda - Tri County Care Management Organization (Tri County CMO)
- Brokers: Victor Kelly - Raider Realty; JLL; CBRE
Victor Kelly of Raider Realty represented Larken Associates in the lease agreement with Hunterdon Health, while JLL and CBRE facilitated the lease with Tri County CMO. Larken Associates secured leases totaling 20,217 square feet at Greenwich Commons, equally divided between the two tenants.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,158,826.24
Total Lease Value
$11,588,262.40
Net Landlord Cash Flow$1,158,826.24
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