Audio Codes Inc. Leases Warehouse/Office Space At 80 Kingsbridge Rd In Piscataway

The property involved in this lease transaction is a Warehouse/Office located at 80 Kingsbridge Rd in Piscataway. The total square footage of the property is 14,706 square feet. The landlord, Ariel Brenner VP Leasing, and Rafi Lipschitz Investment Manager, leased the property to the tenant, Audio Codes Inc. The asking rent for the lease was $14 per square foot.

Summary of transaction details

• Property Type: Warehouse/Office
• Asking Rent: $14/ft.
• Square Footage: 14,706
• Address: 80 Kingsbridge Rd
• Market: Piscataway

The landlord's representatives in this lease deal were Bill McCaffrey and William E. McCaffrey from Avison Young. On the tenant's side, Todd Ward from Newmark Knight Frank represented Audio Codes Inc. The transaction took place on June 1, 2022.

Note: Shelbourne continues to lease their office portfolio in Piscataway and Bloomfield, despite the trend of owners repurposing commercial assets in New Jersey during the pandemic. Avison Young New Jersey-based Principal William McCaffrey noted the new interest, renewals, and lease extensions experienced by Shelbourne's properties.