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Tribeca Oven Leases 53000 Square Feet At 447 Gotham Pkwy Carlstadt From Prologis 2 LP

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LEASED

New Jersey

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Warehouse53,000 SF
Leased 11/03/2017
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LEASED

Tribeca Oven Leases 53000 Square Feet At 447 Gotham Pkwy Carlstadt From Prologis 2 LP

447 Gotham Pkwy, Carlstadt, NJ, 07072

See Similar Deals
Warehouse53,000 SF
Leased 11/03/2017
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Summary

NEW JERSEY
Asset Type:Warehouse
Price Per Square Foot:$0
Total Square Footage:53,000 SF
Transaction Type:Lease

The property at 447 Gotham Parkway is a 53,000-square-foot facility located in Carlstadt, NJ. It is owned by Prologis 2, LP and is used by Tribeca Oven for its bakery operations. The transaction involves a lease renewal for Tribeca Oven, which specializes in wholesale artisan bread manufacturing.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 447 Gotham Pkwy, Carlstadt, NJ, 07072
  • Market: Carlstadt
  • Tenant: Tribeca Oven
  • Tenant's Representative: John Donnelly
  • Landlord: Prologis 2, LP
  • Square Feet: 53,000

John Donnelly from Colliers International co-brokered the lease renewal alongside JLL's Jeff Miller, who represents Tribeca Oven’s parent company, C.H. Guenther & Son Inc. Paul Rosen and Jason Tenenbaum from Prologis contributed significantly to the lease renewal process, while Brian Golden from JLL acted as the landlord representative for both properties involved in the transaction.

Players

4 deals$70M volume
BROKER

BROKERAGE

Prologis
LANDLORD

Details

LEASED
IMAGE: 447 Gotham Pkwy, Carlstadt, NJ, 07072 MARKET: Carlstadt TENANT'S REP: John Donnelly TENANT: Tribeca Oven LANDLORD: Prologis 2, LP SQUARE FEET: 53000

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Deal Type
Effective Rent (Annual)

$3,037,928.02

Total Lease Value

$30,379,280.18

Net Landlord Cash Flow$3,037,928.02