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340 Changebridge Rd, Montvi...

Fujitsu General America Inc Leases 32000 Square Feet At 340 Changebridge Rd In Montville
LEASEDOffice

Fujitsu General America Inc Leases 32000 Square Feet At 340 Changebridge Rd In Montville

340 Changebridge Rd, Montville, NJ, 0...

Building Size

32,000 SF

Asset Type

Office

Closing

Nov 19, 2023

AI

A 32,000-square-foot office headquarters lease has been negotiated for Fujitsu General America Inc. at 340 Changebridge Rd, Montville, NJ, located approximately 35 miles west of New York City. The transaction was facilitated by Cushman & Wakefield, who will enable the tenant to occupy the space in early 2020.

Summary of transaction details:

  • Property Type: Office Lease
  • Transaction Amount: Not disclosed
  • Address: 340 Changebridge Rd, Montville, NJ
  • Market: Montville
  • Tenant: Fujitsu General America Inc.
  • Landlord: Real Capital Solutions
  • Tenant's Representative: MariaGrace Iantosca-Cushman & Wakefield
  • Landlord's Representatives: Curtis Foster-Cushman & Wakefield, Jerry Shifrin-Cushman & Wakefield

In this transaction, MariaGrace Iantosca and Ben Brenner represented Fujitsu General America Inc., while Curtis Foster and Jerry Shifrin represented the landlord, Real Capital Solutions, facilitating the lease agreement efficiently.

Players

Curtis Foster

Cushman & Wakefield

Broker

5 deals

Broker
Real Capital Solutions (RCS)
Real Capital Solutions (RCS)Landlord

Montville 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