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Brother International Corp. Extends Lease At 200 Crossing Boulevard Bridgewater For 83,000 Square Feet

Property Image
LEASED
William (Bill) McCaffrey
Jonathan Ortiz
Scott Lesh
+ 1

New Jersey

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Office82,763 SF
Leased 07/16/2024
the dealplayerscompscontact
Property Image
LEASED

Brother International Corp. Extends Lease At 200 Crossing Boulevard Bridgewater For 83,000 Square Feet

200 Crossing Boulevard

See Similar Deals
Office82,763 SF
Leased 07/16/2024
William (Bill) McCaffrey
Jonathan Ortiz
Scott Lesh
+ 1
the dealplayerscompscontact
Contact now

Summary

NEW JERSEY
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:82,763 SF
Transaction Type:Lease

The property asset involved in this transaction is an office space located at 200 Crossing Boulevard in Bridgewater. The total square footage of the property is 82,763 square feet. The asset is owned by Alexander Properties.

Summary of transaction details:

The lease has been extended for nearly five years, allowing Brother International Corp. to occupy expanded space on the fifth and sixth floors. The agreement follows a comprehensive space utilization study conducted by JLL to improve workspace efficiency and enhance the employee experience through modern amenities and collaborative areas.

Players

William (Bill) McCaffrey
Avison Young
William McCaffrey
6 deals
BROKER
Jonathan Ortiz
JLL
Jonathan Ortiz
3 deals
BROKER
Scott Lesh
JLL
Scott Lesh
1 deal(917) 846-2255
BROKER
Callie Lloyd
JLL
Callie Lloyd
1 deal(732) 684-1127
BROKER

Details

LEASED
IMAGE: Don Cummins, William McCaffrey, Callie Lloyd, Jonathan Ortiz & Scott Lesh DATE: 07/16/2024 ADDRESS: 200 Crossing Boulevard MARKET: Bridgewater ASSET TYPE: Office ~ SF: 82,763 LANDLORD: Alexander Properties TENANT: Don Cummins - Brother International Corp. LANDLORD'S REP: William McCaffrey - Avison Young (@Avison_Young_Global) TENANT'S REP: Callie Lloyd, Jonathan Ortiz & Scott Lesh - JLL (@JLL) NOTE: Brother International Corp. has extended its lease for nearly 83,000 square feet at its Bridgewater headquarters, adapting its space to fit new hybrid work policies while allowing landlord Alexander Properties to enhance building amenities. The agreement ensures Brother will occupy expanded space on the fifth and sixth floors for at least another five years, following a comprehensive space utilization study conducted by JLL to optimize efficiency and employee experience through modern workspace enhancements and collaborative areas.

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Deal Type
Effective Rent (Annual)

$4,743,925.22

Total Lease Value

$47,439,252.17

Net Landlord Cash Flow$4,743,925.22