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Towne Nursing Staff, Inc Leases Office Space In Howell, NJ From Township Of Howell For $18/ft

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LEASED

New Jersey

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Office14,235 SF
Leased 07/01/2020
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LEASED

Towne Nursing Staff, Inc Leases Office Space In Howell, NJ From Township Of Howell For $18/ft

4567 Route 9, Howell Township, NJ, USA

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Office14,235 SF
Leased 07/01/2020
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Summary

NEW JERSEY
Asset Type:Office
Total Square Footage:14,235 SF
Transaction Type:Lease

The office building located at 4567 Route 9 North in Howell was recently leased. The property, spanning 14,235 square feet, was leased by Towne Nursing Staff, Inc. The landlord for this transaction was the Township of Howell. The deal was facilitated by brokers Jarrad Coletta and Jon Coletta. The asking rent for the space was $18 per square foot.

Summary of transation details

  • Property Type: Office
  • Transaction Amount: Lease
  • Date: 07/01/2021
  • Address: 4567 Route 9 North, Howell
  • Tenant: Towne Nursing Staff, Inc
  • Landlord: Township of Howell
  • Brokers: Jarrad Coletta & Jon Coletta
  • Asking Rent: $18/ft.

This lease deal demonstrates the demand for office space in Howell. Towne Nursing Staff, Inc saw the potential in this property and decided to lease it from the Township of Howell. The successful negotiation and agreement were facilitated by brokers Jarrad Coletta and Jon Coletta.

Players

Jarrad Coletta
10 deals$15.1M volume
BROKER

Jon Coletta
1 deal
BROKER

Details

LEASED
IMAGE: Jon Coletta & Jarrad Coletta DATE: 07/01/2021 ADDRESS: 4567 Route 9 North MARKET: Howell ASSET TYPE: Office TENANT: Towne Nursing Staff, Inc LANDLORD: Township of Howell BROKERS: Jarrad Coletta (@JarradColetta) & Jon Coletta (@JonColetta) - (@Coletta_Commercial) ASKING RENT: $18/ft. ~ SF: 14,235

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Deal Type
Effective Rent (Annual)

$815,941.61

Total Lease Value

$8,159,416.10

Net Landlord Cash Flow$815,941.61