Barnes & Noble Leases Retail Space At 1308 NJ-23 In Wayne For $25 Per Ft

The property asset involved in the transaction is a retail space located at 1308 NJ-23, Wayne. The deal features an asking rent of $25 per square foot for a total space of 22,182 square feet. The lease type is classified as a NNN Lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $25/ft
• Total Square Footage: 22,182
• Address: 1308 NJ-23
• Market: Wayne
• Landlord: Ray Fallon
• Tenant: Barnes & Noble
• Brokers: Marc Palestina & CJ Huter - VanRockCRE

The key individuals involved in this deal include Ray Fallon who serves as the landlord, and Barnes & Noble, the tenant. The transaction was facilitated by brokers Marc Palestina and CJ Huter from the agency VanRockCRE, who represented the parties in this leasing agreement.