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1414 Radcliffe St Bristol, ...

Premier Brands Group Leases Office Space At 1414 Radcliffe Street In Bristol, PA With Solomon Tbeile As Tenant's Rep
LEASEDMultiFamily

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

Solomon Tbeile

Kassin Sabbagh Realty

Broker

26 deals

Broker

Bristol MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Lease transactions

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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