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Luxury Bathroom Product Distributor Lexora Home Leases 70,000 SF Industrial Space In York, PA

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LEASED
Chad Hillyer
Kevin Dudley
+ 4

Pennsylvania

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MultiFamily70,000 SF
Leased 07/19/2023
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Property Image
LEASED

Luxury Bathroom Product Distributor Lexora Home Leases 70,000 SF Industrial Space In York, PA

145 Morgan Lane York, Pennsylvania 17406, Usa

See Similar Deals
MultiFamily70,000 SF
Leased 07/19/2023
Chad Hillyer
Kevin Dudley
+ 4
Contact now

Summary

PENNSYLVANIA
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:70,000 SF
Transaction Type:Lease

Luxury bathroom product distributor Lexora Home has leased a 70,000 sq ft industrial space at 145 Morgan Lane in York, PA. The property, located in the industrial market of York, offers ample space for Lexora Home's operations. The lease transaction took place on 07/19/2023, with Lexora Home relocating from Secaucus, NJ.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Square Footage: 70,000 SF
  • Address: 145 Morgan Lane
  • Market: York, PA

In this lease deal, Lexora Home was represented by Nicholas Klacik, Kevin Dudley, Chad Hillyer, Kate Granahan, John La Prise, and Sean Bleiler from CBRE. They negotiated the terms of the lease on behalf of Lexora Home, facilitating their relocation and expansion. On the other side of the negotiation, Jason Turnbull from Rock Commercial Real Estate acted as the landlord's representative.

Players

Kevin Dudley
22 deals$174.8M volume
BROKER

Nicholas (Nick) Klacik
CBRE
15 deals$96.3M volume
BROKER

Chad Hillyer
CBRE
15 deals$96.3M volume
BROKER

John La Prise
CBRE
2 deals$6.5M volume(610) 247-9323
BROKER

Kate Granahan
CBRE
15 deals$117M volume(484) 695-7214
BROKER

Jason Turnbull
ROCK Commercial Real Estate
3 deals$5.5M volume(717) 850-0847
BROKER

Details

LEASED
IMAGE: Nicholas Klacik, Kevin Dudley, Chad Hillyer, Kate Granahan, John La Prise & Sean Bleiler DATE: 07/19/2023 ADDRESS: 145 Morgan Lane MARKET: York, PA ASSET TYPE: Industrial ~ SF: 70,000 TENANT: Lexora Home (@LexoraDesign) - Andrey Bogan LANDLORD'S REP: Jason Turnbull - Rock Commercial Real Estate (@RockCommercialRealEstate) TENANT'S REP: Nicholas Klacik, Kevin Dudley (@KevstudleyDudley), Chad Hillyer (@Chad_Hillyer), Kate Granahan, John La Prise & Sean Bleiler - CBRE (@CBRE) NOTE: Luxury bathroom product distributor Lexora Home has leased a 70,000 sq ft industrial space at 145 Morgan Lane in York, relocating from Secaucus, NJ. This is their fourth expansion in five years, with CBRE representing them in the lease negotiations.

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Deal Type
Effective Rent (Annual)

$4,012,357.76

Total Lease Value

$40,123,577.59

Net Landlord Cash Flow$4,012,357.76