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Denholtz Properties Leases Mixed-Use Space To Mr. Green Tea Ice Cream Company In Oceanport

Property Image
LEASED
$14
Suzanne Macnow
Justin Ridolfo
+ 1

New Jersey

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Mixed-use19,567 SF
Leased 08/22/2022
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Property Image
LEASED

Denholtz Properties Leases Mixed-Use Space To Mr. Green Tea Ice Cream Company In Oceanport

675 Oceanport

See Similar Deals
Mixed-use19,567 SF
Leased 08/22/2022
Suzanne Macnow
Justin Ridolfo
+ 1
Contact now

Summary

NEW JERSEY
Asset Type:Mixed-use
Price Per Square Foot:$14
Total Square Footage:19,567 SF
Transaction Type:Lease

The Mr. Green Tea Ice Cream Company has recently signed a lease for a mixed-use property located at 675 Oceanport Wy in Oceanport. The property, which is part of the incredible redevelopment of the Commissary in Fort Monmouth, offers a total square footage of 19,567. The landlord, Denholtz Properties, has agreed on an asking rent of $14.50 per square foot.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: Not available
  • Address: 675 Oceanport Wy
  • Market: Oceanport

The lease deal was facilitated by the tenant's representative, Adam Silver from Newmark, and the landlord's representatives, Suzanne Macnow, Alexandra Anagnostou, and Justin Ridolfo from CBRE. The Mr. Green Tea Ice Cream Company is widely known for its brands of ice cream and desserts, which are available in thousands of restaurants, supermarkets, and pet food stores nationwide.

Players

Suzanne Macnow
6 deals
BROKER


Justin Ridolfo
CBRE
5 deals
BROKER

Adam Silver
Newmark
1 deal
BROKER

Denholtz Properties
LANDLORD

Details

LEASED
IMAGE: Suzanne Macnow, Alexandra Anagnostou, Justin Ridolfo & Adam Silver DATE: 08/22/2022 ADDRESS: 675 Oceanport Wy MARKET: Oceanport ASSET TYPE: Mixed-use LANDLORD: Denholtz Properties TENANT: Mr. Green Tea Ice Cream Company LANDLORD'S REP: Suzanne Macnow, Alexandra Anagnostou & Justin Ridolfo - CBRE TENANT'S REP: Adam Silver - Newmark ASKING RENT: $14.50/ft. ~ SF: 19,567 NOTE FROM BROKERS: We're excited to welcome Mr. Green Tea Ice Cream Company to the incredible redevelopment of the Commissary in Fort Monmouth. You can find their brands of ice cream and desserts in thousands of restaurants, supermarkets and pet food stores nationwide.

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Deal Type
Effective Rent (Annual)

$325,254.90

Total Lease Value

$3,252,549.03

Net Landlord Cash Flow$325,254.90