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
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