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CBRE Represents Sycamore Medical Managament In Lease Deal At 200 Schulz Dr In Red Bank

Property Image
LEASED
$32
Suzanne Macnow
Justin Ridolfo
+ 2

New Jersey

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Office25,000 SF
Leased 07/20/2022
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Property Image
LEASED

CBRE Represents Sycamore Medical Managament In Lease Deal At 200 Schulz Dr In Red Bank

200 Schultz Drive

See Similar Deals
Office25,000 SF
Leased 07/20/2022
Suzanne Macnow
Justin Ridolfo
+ 2
Contact now

Summary

NEW JERSEY
Asset Type:Office
Price Per Square Foot:$32
Total Square Footage:25,000 SF
Transaction Type:Lease

The leased property at 200 Schulz Dr in Red Bank has been the subject of a recent transaction. This office space, spanning 25,000 square feet, was leased by Sycamore Medical Management. The property is owned by FM Red Owner LLC. The asking rent for the space was $32 per square foot.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Lease
  • Date: 07/20/2022
  • Address: 200 Schulz Dr
  • Market: Red Bank

Representing the landlord in the transaction were Wesley Moore and Joseph A Sarno of CBRE. Meanwhile, CBRE's Suzanne Macnow, Alexandra Anagnostou, and Justin Ridolfo acted as representatives for the tenant, Sycamore Medical Management.

Players

Wesley Moore
3 deals$650.2K volume
BROKER

Suzanne Macnow
CBRE
6 deals
BROKER

Joseph A. Sarno
CBRE
2 deals
BROKER


Justin Ridolfo
CBRE
5 deals
BROKER

LANDLORD

Details

LEASED
IMAGE: Suzanne Macnow, Wesley Moore, Alexandra Anagnostou, Joseph A Sarno & Justin Ridolfo DATE: 07/20/2022 ADDRESS: 200 Schulz Dr MARKET: Red Bank ASSET TYPE: Office LANDLORD: FM Red Owner LLC TENANT: Sycamore Medical Managament LANDLORD REP: Wesley Moore, Joseph A Sarno - CBRE TENANT REP: Suzanne Macnow, Alexandra Anagnostou, Justin Ridolfo - CBRE ASKING RENT: $32/ft ~ SF: 25,000

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Deal Type
Effective Rent (Annual)

$917,110.34

Total Lease Value

$9,171,103.45

Net Landlord Cash Flow$917,110.34