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239 United States Highway 22

Planned Lifetime Assistance Network Of New Jersey Leases 6,996 SF Office In Green Brook
LEASEDOffice

Planned Lifetime Assistance Network Of New Jersey Leases 6,996 SF Office In Green Brook

239 United States Highway 22

Building Size

6,996 SF

Asset Type

Office

Closing

Mar 20, 2026

AI

An office property located at 239 Route 22 in Green Brook comprises a total space of 6,996 square feet. The lease agreement involves the landlord, Greenbrook Office Park Associates, securing a tenant for the property.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 239 Route 22
  • Market: Green Brook
  • Lease Term: seven-year
  • Tenant: Planned Lifetime Assistance Network of New Jersey
  • Landlord's Representative: Doug Twyman & Chidi Egesionu - Colliers
  • Tenant's Representative: Tim Deluccia - Deluccia Commercial Group

The transaction sees the nonprofit organization, Planned Lifetime Assistance Network of New Jersey, utilizing the office space for providing disability and mental health support services. Tim Deluccia played a key role in representing the tenant, while Doug Twyman and Chidi Egesionu represented the ownership group in this deal.

Players

Tim Deluccia

Berkshire Hathaway HomeServices

Broker

$22.7M

vol

15 deals

Broker
GA
Greenbrook Office Park AssociatesLandlord

Green Brook Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93