Altana Leases 20874 Square Feet At 25 Kent Ave Brooklyn From Heritage Equity Partners With Joseph Sipala As Tenant's Rep
LEASED
New York
See Similar DealsOffice20,874 SF
Leased 11/04/2022
LEASED
Altana Leases 20874 Square Feet At 25 Kent Ave Brooklyn From Heritage Equity Partners With Joseph Sipala As Tenant's Rep
25 Kent Ave, Brooklyn, NY, 11249
See Similar DealsOffice20,874 SF
Leased 11/04/2022
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:20,874 SF
Transaction Type:Lease
The lease involves a property located at 25 Kent Ave, Brooklyn, NY, 11249, within the Brooklyn market. The leased space encompasses a total of 20,874 square feet.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant: Altana
- Landlord: Heritage Equity Partners
- Tenant's Representative: Joseph Sipala, JLL
This transaction highlights the involvement of Heritage Equity Partners as the landlord and Joseph Sipala from JLL representing Altana as the tenant in this lease agreement. Their roles are crucial in facilitating this transaction within the Brooklyn market.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,196,485.08
Total Lease Value
$11,964,850.84
Net Landlord Cash Flow$1,196,485.08
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