facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New Jersey

/

Office

/

Lease

/

290 West Mount Pleasant Avenue

CoreWeave Inc. Expands Headquarters With 31,000 Square Foot Lease In Livingston, NJ
LEASEDOffice

CoreWeave Inc. Expands Headquarters With 31,000 Square Foot Lease In Livingston, NJ

290 West Mount Pleasant Avenue

Building Size

31,000 SF

Asset Type

Office

Closing

Jul 1, 2026

AI

The property involved in this lease transaction is an office asset located at 290 West Mount Pleasant Avenue, Livingston, NJ, comprising a total of 31,000 square feet. CoreWeave Inc. has secured a long-term lease to expand its headquarters, effectively doubling its space within less than a year from the initial lease agreement.

Summary of transaction details:

This deal involved a collaboration between multiple key players. Jonathan Meisel, Erin Wenzler, and Daniel N. Casey from CBRE, along with Eric Maurer of Eastman Companies, represented the landlords, while the tenant was represented by Jamie Ragucci, Kevin Murphy, and Aaron Sommer from Newmark. This lease signifies CoreWeave's strategic decision to expand its operational footprint in Livingston.

Players

Daniel N. Casey

CBRE

Broker

6 deals

Broker

Michael Schofel

Eastman Companies

Landlord

$78.2M

vol

3 deals

Landlord

Michael Intrator

CoreWeave Inc.

Tenant

$877M

vol

3 deals

Tenant

Bloomsbury Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93