BNP Paribas Leases 150000 Square Feet At 525 Washington Boulevard Jersey City Through Kenneth Siegel
LEASED
New Jersey
See Similar DealsOffice150,000 SF
Leased 07/21/2020
LEASED
BNP Paribas Leases 150000 Square Feet At 525 Washington Boulevard Jersey City Through Kenneth Siegel
525 Washington BLVD, Jersey City, NJ...
See Similar DealsOffice150,000 SF
Leased 07/21/2020
Summary
NEW JERSEY
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:150,000 SF
Transaction Type:Lease
The property involved in this lease transaction is located at 525 Washington Blvd, Jersey City, NJ. The market for this asset is Jersey City, where it offers a generous square footage of 150,000 square feet.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 525 Washington Blvd, Jersey City, NJ
- Market: Jersey City
- Square Feet: 150,000
- Tenant: BNP Paribas
- Landlord: Multi-Employer Property Trust
- Tenant's Representative: Kenneth Siegel - JLL
- Landlord's Representative: Howard Fiddle - CBRE
Key individuals involved in this transaction are Kenneth Siegel representing the tenant, BNP Paribas, and Howard Fiddle representing the landlord, Multi-Employer Property Trust. Their roles were crucial in facilitating this lease agreement in Jersey City.
Players
LANDLORD
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$8,597,909.48
Total Lease Value
$85,979,094.84
Net Landlord Cash Flow$8,597,909.48
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