KABR Group Leases Office Space In Jersey City To Aura Dermatology For 10 Years

The property involved in this transaction is located at 26 Journal Square Plaza in Jersey City, with an asset type of office. The asking rent for this space is $28 per square foot for a total of 4,511 square feet. The lease term is set for 10 years under a modified gross lease structure.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $28/ft
• Lease Term: 10Y
• Lease Type: Modified Gross Lease
• Landlord: KABR Group
• Tenant: Aura Dermatology
• Landlord's Representative: Christopher Romano - JLL
• Tenant's Representative: Gregory Edgell - Grid Real Estate

This lease transaction highlights the involvement of KABR Group as the landlord and Aura Dermatology as the tenant. Christopher Romano from JLL represents the landlord, while the tenant is represented by Gregory Edgell from Grid Real Estate. Their participation underscores the collaborative nature of this lease agreement in the commercial real estate market.