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CBRE Represents Eastman Companies In Office Lease Transactions At The Eisenhower

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LEASED
Jonathan Meisel
Erin Wenzler
+ 1

New Jersey

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Office10,200 SF
Leased 05/16/2024
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Property Image
LEASED

CBRE Represents Eastman Companies In Office Lease Transactions At The Eisenhower

290 West Mount Pleasant Avenue

See Similar Deals
Office10,200 SF
Leased 05/16/2024
Jonathan Meisel
Erin Wenzler
+ 1
Contact now

Summary

NEW JERSEY
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:10,200 SF
Transaction Type:Lease

The property at 290 West Mount Pleasant Avenue in Livingston is an office asset spanning 10,200 square feet. The lease agreement, finalized on May 16, 2024, involved multiple tenants, including Sobel Tinari, The Learning Experience, Cystic Fibrosis Foundation, and Caerus 1 US Inc. The landlords in this transaction were Peter E. Schofel from Eastman Companies and Neil Fox from P3RE Properties.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 290 West Mount Pleasant Avenue
  • Market: Livingston
  • Tenants: Sobel Tinari, The Learning Experience, Cystic Fibrosis Foundation, Caerus 1 US Inc
  • Landlords: Peter E. Schofel - Eastman Companies; Neil Fox - P3RE Properties
  • Brokers: Daniel N. Casey, Erin Wenzler, Jonathan Meisel - CBRE; Mark Richardson - JLL

CBRE, through brokers Daniel N. Casey, Erin Wenzler, and Jonathan Meisel, represented Eastman Companies and P3RE Properties in negotiating the leasing agreements at The Eisenhower, a Class A office complex in Livingston. Additionally, JLL's Mark Richardson was involved in the transactions, totaling 10,200 square feet, which comprised three new leases and one renewal. The successful conclusion of these deals underscores the collaborative efforts of the involved brokerage teams in securing favorable outcomes for both the landlords and tenants.

Players

Daniel N. Casey
6 deals(201) 712-5808
BROKER



Details

LEASED
IMAGE: 05/16/2024 ADDRESS: 290 West Mount Pleasant Avenue MARKET: Livingston ASSET TYPE: Office ~ SF: 10,200 LANDLORD: Peter E. Schofel - Eastman Companies; Neil Fox - P3RE Properties TENANT: Sobel Tinari; The Learning Experience; Cystic Fibrosis Foundation; Caerus 1 US Inc BROKERS: Daniel N. Casey, Erin Wenzler, Jonathan Meisel - CBRE; Mark Richardson - JLL NOTE: CBRE concluded multiple office leases and renewals at The Eisenhower, a Class A office complex in Livingston, NJ, owned by Eastman Companies. The transactions, totaling 10,200 square feet, include three new leases and one renewal, with CBRE representing Eastman Companies and P3RE in negotiations. -EastmanCompanies

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Deal Type
Effective Rent (Annual)

$584,657.84

Total Lease Value

$5,846,578.45

Net Landlord Cash Flow$584,657.84