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Lease Signed By Alfred Sanzari Enterprises For 9700 Square Feet At 777 Terrace Ave Hasbrouck Heights

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LEASED
Alfred Sanzari

New Jersey

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Office9,700 SF
Leased 06/07/2017
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Property Image
LEASED

Lease Signed By Alfred Sanzari Enterprises For 9700 Square Feet At 777 Terrace Ave Hasbrouck Heights

777 Terrace Ave, Hasbrouck Heights...

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Office9,700 SF
Leased 06/07/2017
Alfred Sanzari
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Summary

NEW JERSEY
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:9,700 SF
Transaction Type:Lease

The property involved in this transaction is a Class A office building located at 777 Terrace Ave, Hasbrouck Heights, with a renewed lease covering a space of 9,700 square feet. The property is part of Heights Plaza, which offers a total of 200,000 square feet of office space across six floors. It is strategically positioned near major highways including I-80, Route 17, and Route 46, facilitating access to areas such as the George Washington Bridge and Teterboro Airport.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 777 Terrace Ave, Hasbrouck Heights
  • Market: Hasbrouck Heights
  • Tenant's Representative: Mark Trevisan - Cushman & Wakefield, David Sherman - Compass
  • Landlord: Alfred Sanzari Enterprises
  • Square Feet: 9,700

The lease transaction was negotiated in-house by Stephen C. Jennings, vice-president of leasing and marketing at Alfred Sanzari Enterprises. DMR Architects, the tenant, has been a tenant at Heights Plaza since June 2007 and specializes in various design disciplines. This firm continues to benefit from the on-site amenities and the notable location that supports its operations in Bergen County and the greater northern New Jersey area.

Players

David Sherman
6 deals$13.4M volume
BROKER


Alfred Sanzari Enterprises
BROKERAGE

Alfred Sanzari
Alfred Sanzari Enterprises
19 deals$12.2M volume
LANDLORD

Details

LEASED
IMAGE: 777 Terrace Ave, Hasbrouck Heights... MARKET: Hasbrouck Heights TENANT'S REP: Mark Trevisan -Cushman & Wakefield, David Sherman -Compass LANDLORD: Alfred Sanzari Enterprises SQUARE FEET: 9700

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Deal Type
Effective Rent (Annual)

$555,998.15

Total Lease Value

$5,559,981.47

Net Landlord Cash Flow$555,998.15