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MTL Signs Long-Term Lease For 22K SF Office In Roseland

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LEASED

New Jersey

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Office22,000 SF
Leased 01/11/2024
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LEASED

MTL Signs Long-Term Lease For 22K SF Office In Roseland

105 Eisenhower Parkway

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Office22,000 SF
Leased 01/11/2024
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Summary

NEW JERSEY
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:22,000 SF
Transaction Type:Lease

A long-term lease for accounting firm MTL has been arranged by JLL at 105 Eisenhower Parkway in Roseland, New Jersey. The lease involves MTL relocating from 101 Eisenhower Parkway to a custom-built, flexible office space spanning 22,000 square feet. This move will support their growth goals and talent retention efforts within the Eisenhower Corporate Park.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: N/A
  • Address: 105 Eisenhower Parkway, Roseland, New Jersey
  • Market: Roseland
  • Square Footage: 22,000

JLL represented MTL in securing this lease, with David Stifelman and Tim Greiner acting as their representatives. The landlord's representative for this transaction was Jeff Kolodkin, associated with Newmark.

Players

Tim Greiner
6 deals
BROKER

David Stifelman
JLL
8 deals(973) 829-4723
BROKER

Details

LEASED
IMAGE: Michael S. Lewis, Jeff Kolodkin, David Stifelman & Tim Greiner DATE: 01/11/2024 ADDRESS: 105 Eisenhower Parkway MARKET: Roseland ASSET TYPE: Office ~ SF: 22,000 TENANT: Michael S. Lewis - Meisel Tuteur and Lewis (MTL) LANDLORD'S REP: Jeff Kolodkin - Newmark (@Newmark) TENANT'S REP: David Stifelman & Tim Greiner (@TGreiner1674) - JLL (@JLL) NOTE: JLL arranged a 22,000 sq ft long-term lease for accounting firm MTL at 105 Eisenhower Parkway in Roseland, New Jersey. The move involves MTL relocating from 101 Eisenhower Parkway to a custom-built, flexible office space designed to support their growth goals and talent retention efforts within the Eisenhower Corporate Park.

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Deal Type
Effective Rent (Annual)

$1,261,026.72

Total Lease Value

$12,610,267.24

Net Landlord Cash Flow$1,261,026.72