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WundaBar Pilates Leases Mixed-Use Space In Jersey City, NJ From Kushner Companies

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LEASED

New Jersey

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Mixed-use1,200 SF
Leased 05/24/2020
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LEASED

WundaBar Pilates Leases Mixed-Use Space In Jersey City, NJ From Kushner Companies

65 Bay Street, Jersey City, NJ 07302

See Similar Deals
Mixed-use1,200 SF
Leased 05/24/2020
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Summary

NEW JERSEY
Asset Type:Mixed-use
Total Square Footage:1,200 SF
Transaction Type:Lease

WundaBar Pilates has signed a lease agreement with Kushner Companies for a mixed-use property located at 65 Bay Street in Jersey City, NJ. The deal was facilitated by Kevin Bisconti from Meridian Retail Leasing, representing the tenant, and Max Swerdloff from RAE Leasing, representing the landlord. The lease term is set for five years with a five-year option to renew.

Summary of transaction details:

  • Property Type: Mixed-use
  • Asking Rent: $65/ft. (~ SF: 1,200)
  • Date: 05/24/2021
  • Address: 65 Bay Street, Jersey City, NJ
  • Tenant: WundaBar Pilates
  • Landlord: Kushner Companies
  • Tenant's Rep: Kevin Bisconti - Meridian Retail Leasing
  • Landlord's Rep: Max Swerdloff - RAE Leasing

This lease transaction represents an agreement between WundaBar Pilates and Kushner Companies for a mixed-use property. Kevin Bisconti from Meridian Retail Leasing represented the tenant, WundaBar Pilates, while Max Swerdloff from RAE Leasing represented the landlord, Kushner Companies.

Players

Kevin Bisconti
48 deals
BROKER

Max Swerdloff
12 deals
BROKER

Kushner Companies
BROKERAGE

Details

LEASED
IMAGE: Max Swerdloff, Jared Kushner & Kevin Bisconti DATE: 05/24/2021 ADDRESS: 65 Bay Street MARKET: Jersey City, NJ ASSET TYPE: Mixed-use TENANT: WundaBar Pilates LANDLORD: Kushner Companies TENANT’S REP: Kevin Bisconti - Meridian Retail Leasing LANDLORD’S REP: Max Swerdloff - RAE Leasing ASKING RENT: $65/ft. ~ SF: 1,200 TERM: five years with a five-year option to renew

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Deal Type
Effective Rent (Annual)

$68,783.28

Total Lease Value

$687,832.76

Net Landlord Cash Flow$68,783.28