Rechler Equity Partners Leases Industrial Property To MJC Confections In Hauppauge Industrial Hub
LEASED
New York
See Similar DealsIndustrial62,000 SF
Leased
LEASED
Rechler Equity Partners Leases Industrial Property To MJC Confections In Hauppauge Industrial Hub
150 Engineers Road, Hauppauge, New York 11788, United States
See Similar DealsIndustrial62,000 SF
Leased
Summary
NEW YORK
Asset Type:Industrial
Total Square Footage:62000 SF
Transaction Type:Lease
The industrial property located at 150 Engineers Rd. in the Hauppauge Industrial Hub has been leased. The transaction took place on 03/14/2022.
Summary of transaction details
- Property Type: Industrial
- Asking Rent: $14/ft.
- Square Footage: 62,000 SF
- Address: 150 Engineers Rd.
- Market: Hauppauge Industrial Hub
The landlord for this lease transaction is Rechler Equity Partners. The tenant who secured the lease is MJC Confections. The deal was brokered by Joseph Sorbara and Chip Entwistle from ACC Space.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,553,802.59
Total Lease Value
$35,538,025.87
Net Landlord Cash Flow$3,553,802.59
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