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290 West Mount Pleasant Avenue

A.Y. Strauss Leases 10,728 SF Of Office Space At The Eisenhower In Livingston, NJ
LEASEDOffice

A.Y. Strauss Leases 10,728 SF Of Office Space At The Eisenhower In Livingston, NJ

290 West Mount Pleasant Avenue

Building Size

10,728 SF

Asset Type

Office

Closing

Oct 19, 2023

AI

A.Y. Strauss, a boutique law firm, has leased 10,728 square feet of office space at The Eisenhower in Livingston, Northern New Jersey. The property is owned by Eastman Cos. The office space is located at 290 West Mount Pleasant Avenue in the Livingston market.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not provided
  • Address: 290 West Mount Pleasant Avenue, Livingston
  • Market: Livingston
  • Square Footage: 10,728

The landlord, Eastman Cos, was represented by CBRE's Jonathan Meisel, Daniel N. Casey, Erin Wenzler, and their in-house agent, Eric Maurer. On the other hand, A.Y. Strauss was represented by Harland Hollander from Savills.

Note: The leasing transaction was facilitated by Harland Hollander from Savills representing A.Y. Strauss, while CBRE's Jonathan Meisel, Daniel N. Casey, Erin Wenzler, and their in-house agent, Eric Maurer, represented the landlord, Eastman Cos.

Players

Daniel N. Casey

CBRE

Broker

6 deals

Broker
EC
Eastman CosLandlord

Livingston 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