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Celularity Inc Leases 147215 Square Feet At 170 Park Ave Florham Park With Tenant's Rep Charlie Hatfield

Property Image
LEASED
Dan Ligorner
James Postell
+ 2

New Jersey

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Office147,215 SF
Leased 04/12/2019
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Property Image
LEASED

Celularity Inc Leases 147215 Square Feet At 170 Park Ave Florham Park With Tenant's Rep Charlie Hatfield

170 Park Ave, Florham Park, NJ, 07932

See Similar Deals
Office147,215 SF
Leased 04/12/2019
Dan Ligorner
James Postell
+ 2
Contact now

Summary

NEW JERSEY
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:147,215 SF
Transaction Type:Lease

The property asset involved in the context is a full-building office lease located at 170 Park Ave, Florham Park, NJ, 07932. The office space encompasses 147,215 square feet. The property is situated within a two-building office campus totaling 368,780 square feet and represents the largest new office lease in New Jersey for the first quarter of 2019.

Summary of transation details:

Celularity Inc was represented by Charlie Hatfield and Ryan Healy from Colliers International in this transaction. The building owner was represented by Matt McDonough, Dan Ligorner, and James Postell of Transwestern Commercial Services. This deal reflects significant activity in the commercial real estate sector, particularly for the life sciences and biopharmaceutical industries.

Players

Charlie Hatfield
3 deals(908) 295-9789
BROKER




Ryan Healy
Cushman & Wakefield
2 deals$1.8M volume
BROKER

Details

LEASED
IMAGE: 170 Park Ave, Florham Park, NJ, 07932 MARKET: Florham Park TENANT'S REP: Charlie Hatfield() LANDLORD'S REP: Matt McDonough(Transwestern Commercial Services), Dan Ligorner(Transwestern), James Postell(Transwestern Commercial Services) TENANT: Celularity Inc LANDLORD: Unknown SQUARE FEET: 147215

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Deal Type
Effective Rent (Annual)

$8,438,274.96

Total Lease Value

$84,382,749.64

Net Landlord Cash Flow$8,438,274.96