other material
confidence high
sentiment neutral
materiality 0.40
RF Industries leases 8,501 sq ft office/lab in Parsippany, NJ for 11 years
R F INDUSTRIES LTD
- Two leases for Suites B100 and B200 at 300 Interpace Parkway, Parsippany, NJ.
- Initial monthly rent: $9,563.63 (B100) and $63,125.25 (B200); 11-year term.
- First 12 months of base rent abated; base rent escalates after year 6.
- Security deposit equal to three months' base rent ($28,690.89).
- Tenant allowed early entry 15 days before commencement for FF&E installation.