Weida Freight Systems Leases 20000 Square Feet Industrial Space In Linden From CHS Development
2500 Brunswick Avenue, Bldg B
Building Size
20,000 SF
Asset Type
Industrial
Closing
Feb 24, 2026
AI
The property asset involved in this transaction is an industrial lease located at 2500 Brunswick Avenue Bldg B in Linden, comprising 20,000 square feet. The asset is situated within a seven-building complex that totals 208,000 square feet, positioned near Exit 13 of the New Jersey Turnpike and the Goethals Bridge.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 2500 Brunswick Avenue Bldg B
- Market: Linden
- Landlord: CHS Development
- Tenant: Weida Freight Systems
- Brokers: Jordan Metz, Benito Abbate & James Friel - Bussel Realty
In this transaction, the landlord CHS Development is leasing space to Weida Freight Systems. The brokerage firm Bussel Realty was represented by principals Jordan Metz, Benito Abbate, and James Friel, while CBRE represented the tenant in the negotiation of the lease.
Players
Avenue 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93