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Lotte Wellfood Corporation Leases 4,000 SF Office Space At 65 Challenger Road, Ridgefield Park

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LEASED

New Jersey

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Office4,000 SF
Leased 11/10/2023
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LEASED

Lotte Wellfood Corporation Leases 4,000 SF Office Space At 65 Challenger Road, Ridgefield Park

65 Challenger Road

See Similar Deals
Office4,000 SF
Leased 11/10/2023
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Summary

NEW JERSEY
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:4,000 SF
Transaction Type:Lease

Lotte Wellfood Corporation, an international confectionery firm, has leased approximately 4,000 square feet of office space at 65 Challenger Road in Ridgefield Park, New Jersey. The Class A office property is located in Ridgefield Park, offering a prime location for the tenant's operations.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not provided
  • Square Footage: 4,000
  • Address: 65 Challenger Road, Ridgefield Park, New Jersey
  • Market: Ridgefield Park

The lease transaction was facilitated by Cushman & Wakefield, a leading commercial real estate services firm. James Yamauchi and Junji Miyake, representing Cushman & Wakefield, played a key role in arranging the lease on behalf of Lotte Wellfood Corporation.

As an international confectionery firm, Lotte Wellfood Corporation sought a suitable office space for their operations in Ridgefield Park, and the lease of 65 Challenger Road met their requirements. With the assistance of Cushman & Wakefield, Lotte Wellfood Corporation secured a Class A office property with on-site amenities to support their business activities.

Players

Junji Miyake
3 deals$6.5M volume(646) 415-2610
BROKER

James Yamauchi
Cushman & Wakefield
1 deal
BROKER

Details

LEASED
IMAGE: Paul Yi, James Yamauchi & Junji Miyake DATE: 11/10/2023 ADDRESS: 65 Challenger Road MARKET: Ridgefield Park ASSET TYPE: Office ~ SF: 4,000 TENANT: Lotte Wellfood Corporation - Paul Yi BROKERS: James Yamauchi & Junji Miyake - Cushman & Wakefield (@CushWake) NOTE: Lotte Wellfood Corporation, an international confectionery firm, has leased around 4,000 square feet at 65 Challenger Road in Ridgefield Park, New Jersey, facilitated by Cushman & Wakefield. The Class A office property offers on-site amenities, and the lease was arranged by James Yamauchi and Junji Miyake from Cushman & Wakefield on behalf of the tenant.

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Deal Type
Effective Rent (Annual)

$229,277.59

Total Lease Value

$2,292,775.86

Net Landlord Cash Flow$229,277.59