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1165 Cranbury South River R...

1165 Cranbury South River Rd
LEASED

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

Brian Dudzinski

Atlantic Realty

Broker

1 deal

Broker
Forsgate Industrial Partners
Forsgate Industrial PartnersLandlord

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