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Our House Inc. Leases Office Space At 41 Spring Street New Providence For 10 Years

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LEASED
$23
Douglas Rowe
Ariel Brenner
+ 1

New Jersey

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Office26,653 SF
Leased 02/04/2026
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Property Image
LEASED

Our House Inc. Leases Office Space At 41 Spring Street New Providence For 10 Years

41 Spring Street

See Similar Deals
Office26,653 SF
Leased 02/04/2026
Douglas Rowe
Ariel Brenner
+ 1
Contact now

Summary

NEW JERSEY
Asset Type:Office
Price Per Square Foot:$23
Total Square Footage:26,653 SF
Transaction Type:Lease

The property asset involved in this transaction is an office space located at 41 Spring Street in New Providence. The lease has an asking rent of $23.50 per square foot and encompasses a total of 26,653 square feet. The lease term is set for 10 years and follows a modified gross lease structure.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: $23.50/ft
  • Lease Term: 10 Years
  • Lease Type: Modified Gross Lease
  • Landlord: Shelbourne Global
  • Tenant: Our House Inc.
  • Landlord's Representative: Douglas Rowe & Geoffrey Schubert - Lee & Associates; Ariel Brenner - Shelbourne Global
  • Tenant's Representative: Matt LoBocchiaro - Kislak

This transaction features key representatives from both sides. The landlord, Shelbourne Global, is represented by Douglas Rowe, Geoffrey Schubert from Lee & Associates, and Ariel Brenner directly from Shelbourne Global. Our House Inc. is represented by Matt LoBocchiaro from Kislak, facilitating the lease agreement.

Players

Douglas Rowe
3 deals$6.3M volume
BROKER

Geoffrey Schubert
Lee & Associates
4 deals$23M volume(201) 819-1941
BROKER

Ariel Brenner
2 deals
BROKER


LANDLORD

Details

LEASED
IMAGE: Douglas Rowe, Geoffrey Schubert , Peter Wisniewski & Ariel Brenner DATE: 02/04/2026 ADDRESS: 41 Spring Street MARKET: New Providence ASSET TYPE: Office LANDLORD: Shelbourne Global TENANT: Our House Inc. LANDLORD'S REP: Douglas Rowe & Geoffrey Schubert - Lee & Associates (@LeeAssociatesRE); Ariel Brenner - Shelbourne Global TENANT'S REP: Matt LoBocchiaro - Kislak (@KislakCompany) ASKING RENT: $23.50/ft ~ SF: 26,653 LEASE TERM: 10 Years LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$718,034.92

Total Lease Value

$7,180,349.22

Net Landlord Cash Flow$718,034.92