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Kelley Drye & Warren LLP Leases 17260 SF Office Space At Giralda Farms In Madison NJ
LEASED
New Jersey
See Similar DealsOffice17,260 SF
Leased 02/25/2025
LEASED
Kelley Drye & Warren LLP Leases 17260 SF Office Space At Giralda Farms In Madison NJ
7 Giralda Farms
See Similar DealsOffice17,260 SF
Leased 02/25/2025
Summary
NEW JERSEY
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:17,260 SF
Transaction Type:Lease
The property asset involved in this transaction is an office space located at 7 Giralda Farms in Madison, NJ, with a total area of 17,260 square feet. The transaction is categorized as a lease.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 7 Giralda Farms, Madison, NJ
- Market: Madison
- Landlord: Michael Bergman - Bergman Real Estate Group; Eightfold Real Estate Capital
- Tenant: Kelley Drye & Warren LLP
- Landlord's Representative: Joshua Cohen & William Brown - Cushman & Wakefield
- Tenant's Representative: Gregory Barkan & Nick Savage - CBRE
This lease transaction involved Kelley Drye & Warren LLP relocating from Parsippany to the new office space. The negotiation for the lease was facilitated by Cushman & Wakefield representing the landlord, while CBRE acted on behalf of the tenant.
Players
LANDLORD
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$989,332.78
Total Lease Value
$9,893,327.85
Net Landlord Cash Flow$989,332.78
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