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Riker Danzig LLP Leases 45500 Square Feet At 7 Giralda Farms In Madison, NJ
LEASED
New Jersey
See Similar DealsOffice45,500 SF
Leased 02/21/2025
LEASED
Riker Danzig LLP Leases 45500 Square Feet At 7 Giralda Farms In Madison, NJ
7 Giralda Farms
See Similar DealsOffice45,500 SF
Leased 02/21/2025
Summary
NEW JERSEY
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:45,500 SF
Transaction Type:Lease
The lease involves a 45,500-square-foot office space located at 7 Giralda Farms in Madison, NJ. The asset is situated in a competitive market, and the transaction marks a significant relocation for the tenant from Morristown.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 7 Giralda Farms
- Market: Madison
- Landlord: Michael Bergman - Bergman Real Estate Group; Eightfold Real Estate Capital
- Tenant: Michael P. O'Mullan - Riker Danzig LLP
- Brokers: Joshua Cohen, Marc Rosenberg & William Brown - Cushman & Wakefield
Marc Rosenberg represented the tenant Riker Danzig LLP, while Joshua Cohen and William Brown represented the landlords, which consist of a partnership between Bergman Real Estate Group and Eightfold Real Estate Capital.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,608,032.54
Total Lease Value
$26,080,325.43
Net Landlord Cash Flow$2,608,032.54
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