facebook
Traded Co logo
Submit
Daily limit: 0/10

SeaCube Container Establishes Global HQ At 5 Paragon Drive In Montvale

Property Image
LEASED
Slava Vaynberg
Gregg Najarian
Rick Genthe
+ 2

New Jersey

See Similar Deals
Office15,287 SF
Leased
the dealplayerscompscontact
Property Image
LEASED

SeaCube Container Establishes Global HQ At 5 Paragon Drive In Montvale

5 Paragon Drive

See Similar Deals
Office15,287 SF
Leased
Slava Vaynberg
Gregg Najarian
Rick Genthe
+ 2
the dealplayerscompscontact
Contact now

Summary

NEW JERSEY
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:15287 SF
Transaction Type:Lease

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

Gregg Najarian
Savills
Gregg Najarian
4 deals$5.5M volume
BROKER
Slava Vaynberg
Slava Vaynberg
5 deals$11.3M volume
BROKER
Rick Genthe
Lincoln Property Company
Rick Genthe
3 deals(973) 599-0050
BROKER
Robert (Bob) Lee
Lincoln Property Company
Robert Lee
2 deals(973) 599-0050
BROKER
Sean O’Brien
Lincoln Property Company
Sean O’Brien
2 deals(973) 599-0050
BROKER

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. #

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Effective Rent (Annual)

$876,241.62

Total Lease Value

$8,762,416.15

Net Landlord Cash Flow$876,241.62