Updated Mar 24, 2026
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
About this deal
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.
On the Map
Office
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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