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Dr. Reza Karimi Of Cresa Leases 16,222 Square Feet Office In Paramus From Onyx Equities

Property Image
LEASED
Ben Brenner
Dennis Gralla
+ 2

New Jersey

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Office16,222 SF
Leased 10/17/2024
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Property Image
LEASED

Dr. Reza Karimi Of Cresa Leases 16,222 Square Feet Office In Paramus From Onyx Equities

650 From Road

See Similar Deals
Office16,222 SF
Leased 10/17/2024
Ben Brenner
Dennis Gralla
+ 2
Contact now

Summary

NEW JERSEY
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:16,222 SF
Transaction Type:Lease

The property involved in this transaction is a 16,222-square-foot office space located at 650 From Road in Paramus. This asset type caters to office usage and is part of the Paramus market.

Summary of transaction details:

Cresa's New Jersey Medical Practice Group, led by Jonathan Marks and Dennis Gralla, represented New Jersey Brain and Spine in this lease transaction. Cushman & Wakefield's brokerage team, which includes Ben Brenner, David DeMatteis, and Mark Zaziski, represented ownership. This move aims to enhance operational efficiency and accessibility to key medical institutions within Bergen County.

Players

Ben Brenner
2 deals
BROKER

David DeMatteis
Cushman & Wakefield
11 deals
BROKER

Dennis Gralla
Cresa
6 deals(201) 960-1164
BROKER

Mark Zaziski
Cushman & Wakefield
8 deals$8.3M volume(201) 508-5276
BROKER

Details

LEASED
IMAGE: Dr. Reza Karimi, Ben Brenner, David DeMatteis, Mark Zaziski, Dennis Gralla & Jonathan Marks DATE: 10/17/2024 ADDRESS: 650 From Road MARKET: Paramus ASSET TYPE: Office ~ SF: 16,222 LANDLORD: Onyx Equities TENANT: Dr. Reza Karimi - New Jersey Brain and Spine (@NewJerseyBrainSpine) LANDLORD'S REP: Ben Brenner, David DeMatteis & Mark Zaziski - Cushman & Wakefield (@CushWake) TENANT'S REP: Dennis Gralla & Jonathan Marks - Cresa (@CresaGlobal) NOTE: Cresa's New Jersey Medical Practice Group, led by Jonathan Marks and Dennis Gralla, represented New Jersey Brain and Spine in a 16,222-square-foot lease at 650 From Rd. in Paramus, where the practice will relocate from its current 13,559-square-foot space in Hackensack. Cushman & Wakefield's Ben Brenner, David DeMatteis, and Mark Zaziski represented ownership in the transaction, which enhances the neurosurgery practice's operational efficiency and accessibility to key medical institutions in Bergen County.

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Deal Type
Effective Rent (Annual)

$929,835.25

Total Lease Value

$9,298,352.51

Net Landlord Cash Flow$929,835.25