Generichem Signs Lease For 27.5K SF Industrial Space In Montville, NJ

Generichem, a pharmaceutical ingredient supplier, has signed a lease for a 27,500-square-foot office and distribution facility in Montville's Towaco section, located at 425 Main Road. The property is owned by Schuster Baumer LLC. The lease was facilitated by CBRE brokers Marc Trevisan and Tom Mallaney. The asking rent for the space is $12 per square foot.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: Lease
• Address: 425 Main Road
• Market: Montville
• Landlord: Schuster Baumer LLC
• Tenant: Generichem
• Brokers: Marc Trevisan & Tom Mallaney - CBRE
• Asking Rent: $12/ft
• Square Footage: 27,500

CBRE played a key role in helping Generichem secure a long-term lease for their office and distribution facility at 425 Main Road in Montville. This lease allows Generichem to expand their operations and increase their presence in Morris County's industrial market.