Premier Brands Group Leases Office Space At 1414 Radcliffe Street In Bristol, PA With Solomon Tbeile As Tenant's Rep
1414 Radcliffe St Bristol, PA 19007, USA
$24
$24/SF
Building Size
12,000 SF
Asset Type
MultiFamily
Closing
May 16, 2023
AI
The office building located at 1414 Radcliffe Street in Bristol, PA has been leased. The property, measuring 12,000 square feet, was leased by Premier Brands Group. The landlord, Hudson Equities, was represented by Larry Doyle from Arlington Group Real Estate, while Solomon Tbeile from KSR acted as the tenant's representative.
Summary of transaction details:
- Property Type: Office
- Asking Rent: $24 per square foot
- Square Footage: 12,000
- Address: 1414 Radcliffe Street, Bristol, PA
- Market: Bristol, PA
Ephraim Hasenfeld, representing Hudson Equities, played a key role as the landlord in this lease agreement. Solomon Tbeile, from KSR, negotiated the terms on behalf of Premier Brands Group. This deal signifies an important transaction in the Bristol, PA office market.
Players
Bristol MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
660958.33%
Cash-on-Cash
-188903.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93