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Learning Lounge Leases Mixed-use Space At 430 Palisade Ave In Jersey City, NJ

430 Palisade Avenue
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This Mixed-use property located in NJ was leased almost 4 years ago. The broker of the deal was Christopher (Chris) Conway

A mixed-use property located at 430 Palisade Ave in Jersey City, NJ has recently been leased. The tenant, Learning Lounge, has signed a 10-year initial term lease agreement with the landlord, 430 Palisade LLC, who is represented by Christopher Conway from Lumberhousejc. The property offers approximately 4,340 square feet of space. The asking rent for the lease was $30 per square foot.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Date: 06/01/2021
  • Address: 430 Palisade Ave, Jersey City, NJ
  • Tenant: Learning Lounge
  • Landlord: 430 Palisade LLC
  • Landlord's Representative: Lumberhousejc
  • Tenant's Representative: Christopher Conway
  • Asking Rent: $30/ft
  • Lease Term: 10 years

Christopher Conway, from Retail_cre, represented the landlord, 430 Palisade LLC, in this lease agreement with Learning Lounge. The lease for this mixed-use property offers long-term stability for both the tenant and the landlord.

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Deals
  • Location
    430 Palisade Avenue, Jersey City, NJ 07307, USA430 Palisade Avenue, Jersey City, NJ 07307, USA
  • Area
    4,340 SF4,340 SF
  • Asset Type
    Mixed-useMixed-use
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Christopher (Chris) Conway

Christopher (Chris) Conway

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Sold$7.7M

Agency

The Goldstein Group

The Goldstein Group

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Volume$105.1M

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Deal Summary

LEASE IMAGE: Christopher Conway DATE: 06/01/2021 ADDRESS: 430 Palisade Ave MARKET: Jersey City, NJ ASSET TYPE: Mixed-use TENANT: Learning Lounge LANDLORD: 430 Palisade LLC @Lumberhousejc BROKER: Christopher Conway @Retail_cre ASKING RENT: $30/ft. ~ SF: 4,340 TERM: 10 year initial term

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430 Palisade Avenue

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