Crown Properties Inc. Leases 32212 Square Feet At 101 Woodcrest Rd In Cherry Hill
LEASED
New Jersey
See Similar DealsOffice32,212 SF
LEASED
Crown Properties Inc. Leases 32212 Square Feet At 101 Woodcrest Rd In Cherry Hill
101 Woodcrest Rd, Cherry Hill, NJ, 08...
See Similar DealsOffice32,212 SF
Summary
NEW JERSEY
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:32,212 SF
Transaction Type:Lease
The property involved in the transaction is located at 101 Woodcrest Rd, Cherry Hill, NJ, 32212 square feet of space situated within the Cherry Hill market. The landlord for this lease is Crown Properties Inc., represented by Daniel Close from Redfin and CBRE.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Landlord: Crown Properties Inc.
- Landlord's Representatives: Daniel Close - Redfin, Daniel Close - CBRE
- Tenant: Not specified
- Square Feet: 32,212
Digital platform provider Conduent Business Services LLC renewed its lease, while Penn Interactive Ventures signed a lease for the remaining space. Dan Close and Rick Widerman played key roles in representing the landlord during the negotiations for both leases.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,846,372.40
Total Lease Value
$18,463,724.02
Net Landlord Cash Flow$1,846,372.40
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