Updated Dec 26, 2025
SkyREM Leases Industrial Space At 160 Corporate Court Meriden CT To Martignetti Companies For 10 Years
160 Corporate Court
Building Size
241,333 SF
Asset Type
Industrial
Closing
Dec 18, 2025
About this deal
AI
The industrial asset located at 160 Corporate Court in Meriden, CT encompasses a total space of 241,333 square feet. The property is subject to a single net lease with a duration of 10 years, with an asking rent set at $6.75 per square foot NNN.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Lease Term: 10 years
- Asking Rent: $6.75/ft. NNN
- Landlord: SkyREM
- Tenant: Martignetti Companies
- Tenant's Representatives: Philip Verre - JLL & Sean Duffy - Cushman & Wakefield
SkyREM, acting as the landlord, has entered into this leasing agreement with Martignetti Companies, represented by Philip Verre from JLL and Sean Duffy from Cushman & Wakefield, highlighting the collaboration between the involved parties in this transaction.
On the Map
Industrial
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Players
Meriden Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.74%
Cash-on-Cash
-2.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93