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Alliance Health System Leases Office Space In Matawan From Laser Focus Holdings
LEASED
New Jersey
See Similar DealsOffice16,300 SF
Leased 03/27/2024
LEASED
Alliance Health System Leases Office Space In Matawan From Laser Focus Holdings
14 Cliffwood Avenue
See Similar DealsOffice16,300 SF
Leased 03/27/2024
Summary
NEW JERSEY
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:16,300 SF
Transaction Type:Lease
The property at 14 Cliffwood Avenue in Matawan, consisting of an office space spanning 16,300 square feet, was leased by Alliance Health System. The relocation from Morganville was facilitated by Zimmel Associates and finalized under the ownership of Laser Focus Holdings.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Address: 14 Cliffwood Avenue
- Market: Matawan
- Tenants: Nicolas Bufano & Rayna Wolfman - Alliance Health System
- Landlord: Laser Focus Holdings
- Broker: David Zimmel - Zimmel Associates
The lease agreement was a strategic move by Alliance Health System, led by CEO Nicolas Bufano and COO Rayna Wolfman, to support the company's growth objectives and potentially expand within the newly acquired building.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$934,306.16
Total Lease Value
$9,343,061.64
Net Landlord Cash Flow$934,306.16
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