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Signature Acquisitions Leases Retail Space To Playa Bowls, Aesthetic Center & Yella’s In Warren

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LEASED

New Jersey

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Retail8,158 SF
Leased 02/21/2024
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Property Image
LEASED

Signature Acquisitions Leases Retail Space To Playa Bowls, Aesthetic Center & Yella’s In Warren

10 Independence Boulevard

See Similar Deals
Retail8,158 SF
Leased 02/21/2024
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Summary

NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:8,158 SF
Transaction Type:Lease

The retail property located at 10 Independence Boulevard in Warren spans nearly 8,200 square feet and was recently leased by Signature Acquisitions to Dan Harmon's ventures, including a Playa Bowls outlet, an Aesthetic Center, and Yella’s. The strategic location near Interstate 78, medical offices, and major hotels adds to the property's desirability.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 10 Independence Boulevard
  • Market: Warren
  • Square Footage: 8,158
  • Landlord: David Franz - Signature Acquisitions
  • Tenant: Dan Harmon - Playa Bowls ; Aesthetic Center; Yella’s
  • Broker: Marta Villa - CBRE

Marta Villa from CBRE played a crucial role in brokering the lease deal, representing ownership during the negotiations. The lease transaction involved Signature Acquisitions and the businesses of Dan Harmon, marking a significant agreement in the retail space segment.

Players

Marta Villa
14 deals$10.1M volume(973) 715-8385
BROKER

Details

LEASED
IMAGE: Dan Harmon & Marta Villa DATE: 02/21/2024 ADDRESS: 10 Independence Boulevard MARKET: Warren ASSET TYPE: Retail ~ SF: 8,158 LANDLORD: David Franz - Signature Acquisitions TENANT: Dan Harmon - Playa Bowls (@PlayaBowls); Aesthetic Center; Yella’s BROKER: Marta Villa (@MartapersonVilla) - CBRE (@CBRE) NOTE: Signature Acquisitions leased nearly 8,200 sq ft of retail space in Warren near Interstate 78, including a Playa Bowls outlet and two upcoming businesses. CBRE brokered the transactions, with Senior VP Marta Villa representing ownership, emphasizing the property's strategic location near medical offices and major hotels.

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Deal Type
Effective Rent (Annual)

$467,611.64

Total Lease Value

$4,676,116.37

Net Landlord Cash Flow$467,611.64