Audio Codes Inc. Leases Warehouse/Office Space At 80 Kingsbridge Rd In Piscataway | 80 Kingsbridge Road | William (Bill) McCaffrey, Todd Ward | Office | Lease

Summary

Lease

NEW JERSEY

Office

14,706 sqft

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.

Players

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4

Agents
2
Agencies
2

William (Bill) McCaffrey

Details

Deal Summary

LEASED

IMAGE: William E. McCaffrey, Ariel Brenner & Todd Ward DATE: 06/01/2022 ADDRESS: 80 Kingsbridge Rd MARKET: Piscataway ASSET TYPE: Warehouse /Office LANDLORD: Ariel Brenner VP Leasing & Rafi Lipschitz Investment Manager TENANT: Audio Codes Inc. LANDLORD'S REP: Bill McCaffrey & William E. McCaffrey - Avison Young TENANT'S REP: Todd Ward - Newmark Knight Frank ASKING RENT: $14/ft. ~ SF: 14,706 NOTE FROM LANDLORD: https://njbiz.com/avison-young-nj-arranges-162k-square-feet-in-leases-for-shelbourne-global/ Shelbourne has continued to lease their office portfolio while bucking the trend of owners in New Jersey repurposing their commercial assets as their Piscataway and Bloomfield properties continue to experience new interest, renewals and lease extensions even in midst of the pandemic,” said Avison Young New Jersey-based Principal William McCaffrey in a statement.

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Address80 Kingsbridge Road

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