1165 Cranbury South River Rd
1165 Cranbury South River Rd, South...
Building Size
248,611 SF
Asset Type
—
Closing
Nov 19, 2023
AI
The property asset involved in this transaction is located at 1165 Cranbury South River Rd, South. This lease transaction encompasses a total area of 248,611 square feet. The landlord in this deal is Forsgate Industrial Partners.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not Specified
- Address: 1165 Cranbury South River Rd, South
- Market: South
- Tenant: TransOceans Resources
- Landlord: Forsgate Industrial Partners
- Tenant's Representative: Brian Dudzinski - Atlantic Realty
- Landlord's Representative: Catherine Argenio - Forsgate Industrial Partners
- Square Feet: 248611
This lease transaction features tenant TransOceans Resources, represented by Brian Dudzinski from Atlantic Realty. The deal was facilitated by landlord Forsgate Industrial Partners, represented by Catherine Argenio.
Players
South CRE Market Snapshot
Boundary boundary · CRE · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93