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Wolf Commercial Real Estate Secures Lease For US Radiology Specialists At 400 Fellowship Road In Mount Laurel

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LEASED

New Jersey

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Office16,375 SF
Leased 10/02/2023
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LEASED

Wolf Commercial Real Estate Secures Lease For US Radiology Specialists At 400 Fellowship Road In Mount Laurel

400 Fellowship Road

See Similar Deals
Office16,375 SF
Leased 10/02/2023
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Summary

NEW JERSEY
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:16,375 SF
Transaction Type:Lease

The lease transaction involved a commercial property located at 400 Fellowship Road in Mount Laurel, New Jersey. This Class 'A' office building spans approximately 16,375 square feet, and it is currently 95% occupied. The property offers a prime location and comes with various amenities. There is still 2,200 square feet of premium office space available for lease.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 400 Fellowship Road, Mount Laurel, New Jersey
  • Market: Mount Laurel
  • Landlord: Triumvirate Investment, LLC
  • Tenant: US Radiology Specialists, Inc - John Perkins
  • Broker: Bethany Brown - Wolf Commercial Real Estate

Wolf Commercial Real Estate (WCRE) represented Triumvirate Investment, LLC in successfully securing approximately 16,375 square feet of office space at 400 Fellowship Road for US Radiology Specialists, Inc. The deal was facilitated by Bethany Brown, a broker from WCRE. The lease transaction adds to the already high occupancy rate of the Class 'A' office building.

Players

Bethany Brown
2 deals$2.1M volume(856) 857-6396
BROKER

Details

LEASED
IMAGE: John Perkins & Bethany Brown DATE: 10/02/2023 ADDRESS: 400 Fellowship Road MARKET: Mount Laurel ASSET TYPE: Office ~ SF: 16,375 LANDLORD: Triumvirate Investment, LLC TENANT: US Radiology Specialists, Inc - John Perkins BROKER: Bethany Brown - Wolf Commercial Real Estate (@WCRE1) NOTE: WCRE has successfully completed a lease transaction, representing Triumvirate Investment, LLC, in securing approximately 16,375 square feet of office space for US Radiology Specialists, Inc at 400 Fellowship Road in Mount Laurel, New Jersey. This Class 'A' office building, offering prime location and amenities, is now 95% occupied, with 2,200 square feet of premium office space still available for lease.

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Deal Type
Effective Rent (Annual)

$938,605.12

Total Lease Value

$9,386,051.19

Net Landlord Cash Flow$938,605.12