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Center For Resiliency Leases 1,000-Square-Foot Office Suite At 160 Summit Ave, Montvale
LEASED
New Jersey
See Similar DealsOffice1,000 SF
Leased 12/12/2023
LEASED
Center For Resiliency Leases 1,000-Square-Foot Office Suite At 160 Summit Ave, Montvale
160 Summit Avenue
See Similar DealsOffice1,000 SF
Leased 12/12/2023
Summary
NEW JERSEY
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:1,000 SF
Transaction Type:Lease
The Center for Resiliency has leased a 1,000-square-foot suite at 160 Summit Ave in Montvale, a repositioned office building in the heart of a medical hub.
Summary of transaction details
- Property Type: Office
- Tenant: Center for Resiliency - Dr. Carol Chu-Peralta
- Broker: Frank Recine - JLL
- Address: 160 Summit Avenue, Montvale
- Market: Montvale
- Square Footage: 1,000
- Move-in Date: First quarter of 2024
The Center for Resiliency, led by Dr. Carol Chu-Peralta, will be relocating from their current location at 210 Summit Ave to the new suite at 160 Summit Ave. The psychology practice will join other prominent medical tenants in the area. The move is expected to take place by the first quarter of 2024, providing the center with a new and improved space in a repositioned office building.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$57,319.40
Total Lease Value
$573,193.97
Net Landlord Cash Flow$57,319.40
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