Duro Dyne Corp Leases 82064 Square Feet At 158 Candlewood Rd In Bay Shore From Rockefeller Group
LEASED
+ 2
New York
See Similar DealsIndustrial82,064 SF
LEASED
Duro Dyne Corp Leases 82064 Square Feet At 158 Candlewood Rd In Bay Shore From Rockefeller Group
158 Candlewood Rd, Bay Shore, NY, 1...
See Similar DealsIndustrial82,064 SF
+ 2
Summary
NEW YORK
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:82,064 SF
Transaction Type:Lease
Duro Dyne Corp. has signed an industrial lease for 82,064 square feet at 158 Candlewood Road, located in the Bay Shore market. The property is part of a significant expansion from the tenant's previous nearby location at 81 Spence Street.
Summary of transaction details:
- Property Type: Industrial Lease
- Transaction Amount: Not specified
- Address: 158 Candlewood Rd, Bay Shore, NY
- Square Feet: 82,064
- Landlord: Rockefeller Group
- Landlord's Representative: Leslie Lanne, Max Omstrom, Doug Omstrom - JLL
- Tenant: Duro Dyne Corp
- Tenant's Representative: Paul Leone, Phil Heilpern - CBRE
This lease transaction involved key representatives from different firms. Leslie Lanne, Doug Omstrom, and Max Omstrom of JLL represented the landlord, while Paul Leone and Phil Heilpern from CBRE acted on behalf of the tenant, Duro Dyne Corp.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$4,703,858.96
Total Lease Value
$47,038,589.59
Net Landlord Cash Flow$4,703,858.96
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