Lionheart Wealth Management Leases 3,600 SF Office Space In Summit, New Jersey

The office building located at 129 Summit Avenue in Summit, New Jersey, is now fully occupied after Lionheart Wealth Management signed a lease agreement for 3,600 square feet of space. The two-story building has a total area of 11,400 square feet and is situated in downtown Summit, offering convenient access to public transportation and major highways. The property is owned by Devon Partner Properties LLC and is classified as an office asset.

Summary of transaction details

• Property Type: Office
• Transaction Date: 05/02/2023
• Address: 129 Summit Avenue, Summit, New Jersey
• Market: Summit
• Landlord: Devon Partner Properties LLC
• Tenant: Lionheart Wealth Management
• Asking Rent: $30 per square foot
• Space Leased: 3,600 square feet
• Broker: Thomas Ryan - NAI James E. Hanson

Lionheart Wealth Management, a subsidiary of Ameriprise Financial Services, decided to lease the space at 129 Summit Avenue in order to expand their presence in the area. With the assistance of Thomas Ryan from NAI James E. Hanson, the negotiations for this lease were successfully completed.