LEASED
SeaCube Container Establishes Global HQ At 5 Paragon Drive In Montvale
5 Paragon Drive
Office
15,287 SF
15,287 SF
Leased 19 days ago
Summary
Lease
NEW JERSEY
Office
15,287 sqft
Located at 5 Paragon Drive in Montvale, the office property spans 15,287 square feet and was leased in a recent transaction. The space now serves as the new global headquarters for SeaCube Container, a deal that resulted in over 92 percent occupancy at the building.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Address: 5 Paragon Drive
- Market: Montvale
- Landlord: Exclusive Management
- Tenant: Robert Sappio - SeaCube Container
Lincoln Property Company played a significant role in the transaction, with their representatives Rick Genthe, Bob Lee, and Sean O'Brien representing the landlord, Exclusive Management. On the tenant side, SeaCube Container was represented by Gregg Najarian and Slava Vaynberg of Savills.
Players
Details
LEASED
IMAGE: 04/10/2024
ADDRESS: 5 Paragon Drive
MARKET: Montvale
ASSET TYPE: Office ~ SF: 15,287
LANDLORD: Exclusive Management
TENANT: Robert Sappio - SeaCube Container
LANDLORD'S REP: Bob Lee, Rick Genthe & Sean O’Brien - Lincoln Property Company
TENANT'S REP: Gregg Najarian & Slava Vaynberg - Savills
NOTE: SeaCube Container has secured over 15,000 square feet of office space at 5 Paragon Drive in Montvale, establishing its new global headquarters, as arranged by Lincoln Property Co. The deal, representing more than 92 percent occupancy at the building, was facilitated by Lincoln's Rick Genthe, Bob Lee, and Sean O'Brien representing the landlord, Exclusive Management, while Gregg Najarian and Slava Vaynberg of Savills represented SeaCube.
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