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Prism Capital Partners Leases Retail Space To Club Pilates And JAG PT At 1 Orient Way

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LEASED

New Jersey

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Retail5,750 SF
Leased 03/05/2024
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Property Image
LEASED

Prism Capital Partners Leases Retail Space To Club Pilates And JAG PT At 1 Orient Way

1 Orient Way

See Similar Deals
Retail5,750 SF
Leased 03/05/2024
the dealplayerscompscontact
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Summary

NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:5,750 SF
Transaction Type:Lease

Located at 1 Orient Way in Rutherford, the retail property spans 5,750 square feet and is situated in a prime location within Rutherford's town center. The area offers convenient transit access and is close to amenities such as the Meadowlands Sports Complex and American Dream mall.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not provided
  • Landlord: Jon Hoff - Prism Capital Partners
  • Tenant: Club Pilates ; John Gallucci Jr - JAG Physical Therapy
  • Broker: Deborah Stone - Ripco

Prism Capital Partners, the landlord of the property at 1 Orient Way, announced the leasing of space to two national retail tenants, Club Pilates and JAG Physical Therapy. President Jon Hoff highlighted the property's strategic location in Rutherford, emphasizing its proximity to key attractions and easy access to transportation.

Players

Deborah Stone
Ripco
Deborah Stone
6 deals(201) 914-4406
BROKER

Details

LEASED
IMAGE: Jon Hoff, John Gallucci Jr & Deborah Stone DATE: 03/05/2024 ADDRESS: 1 Orient Way MARKET: Rutherford ASSET TYPE: Retail ~ SF: 5,750 LANDLORD: Jon Hoff - Prism Capital Partners (@PrismCapital) TENANT: Club Pilates (@ClubPilates); John Gallucci Jr - JAG Physical Therapy (@JAGPhysicalTherapy) BROKER: Deborah Stone - Ripco (@RipcoRealEstate) NOTE: Prism Capital Partners announced two national retail tenants, Club Pilates and JAG Physical Therapy, leasing space at 1 Orient Way in Rutherford. President Jon Hoff highlighted the building's prime location in Rutherford's town center, with easy transit access and proximity to amenities like the Meadowlands Sports Complex and American Dream mall.

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Deal Type
Effective Rent (Annual)

$329,586.53

Total Lease Value

$3,295,865.30

Net Landlord Cash Flow$329,586.53