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Rubinstein Plastic Surgery Center Leases 3,400 SF Office Space At 160 Summit Avenue In Montvale

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LEASED
$25

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Office3,400 SF
Leased 05/02/2023
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Property Image
LEASED

Rubinstein Plastic Surgery Center Leases 3,400 SF Office Space At 160 Summit Avenue In Montvale

160 Summit Avenue

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Office3,400 SF
Leased 05/02/2023
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Summary

Asset Type:Office
Price Per Square Foot:$25
Total Square Footage:3,400 SF
Transaction Type:Lease

Rubinstein Plastic Surgery Center has signed a long-term lease for 3,400 square feet at 160 Summit Ave., a 32,000-square-foot office building in Montvale, New Jersey. The building is currently undergoing renovations, including upgrades to the common areas, ADA accessibility improvements, and enhanced signage. The space will be joining recent tenants Refuah Health Center and Empowered Pelvic Health. The lease was facilitated by JLL's Frank D. Recine, who serves as the exclusive leasing agent for the property.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: N/A
  • Asking Rent: $25/ft.
  • Square Footage: 3,400
  • Address: 160 Summit Avenue
  • Market: Montvale

Frank D. Recine, representing JLL, played a pivotal role in facilitating the lease agreement between Rubinstein Plastic Surgery Center and Montvale Real Estate Ventures, LLC, the owner of the office building.

Players

Frank Recine
7 deals$48.1M volume(973) 829-4738
BROKER

Details

LEASED
IMAGE: Frank D. Recine DATE: 05/02/2023 ADDRESS: 160 Summit Avenue MARKET: Montvale ASSET TYPE: Office LANDLORD: Montvale Real Estate Ventures, LLC TENANT: Rubinstein Plastic Surgery Center BROKER: Frank D. Recine - JLL (@JLL) ASKING RENT: $25/ft. ~ SF: 3,400 NOTE: Rubinstein Plastic Surgery Center has signed a long-term lease for 3,400 square feet at 160 Summit Ave., a 32,000-square-foot office building in Montvale, New Jersey, joining recent tenants Refuah Health Center and Empowered Pelvic Health. The building, owned by Montvale Real Estate Ventures, is undergoing renovations, including common area upgrades, ADA accessibility, and improved signage, with JLL's Frank D. Recine serving as the exclusive leasing agent.

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Deal Type
Effective Rent (Annual)

$97,442.97

Total Lease Value

$974,429.74

Net Landlord Cash Flow$97,442.97