Updated Oct 29, 2024
Seville Gateway Investments Buys Industrial Facility At 100 Crows Mill Rd For $18M
100 Crows Mill Rd, Woodbridge Towns...
$18,000,000
$135/SF
Building Size
133,032 SF
Asset Type
Industrial
Closing
Nov 22, 2023
About this deal
AI
The industrial property at 100 Crows Mill Rd in Keasbey, New Jersey, has been sold for $18 million. The facility, built in 1971, spans 133,032 square feet and offers on-site trailer parking and LED lighting. Situated at the crossroads of the New Jersey Turnpike and the Garden State Parkway, the property underwent recent renovations.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $18,000,000.00
- Address: 100 Crows Mill Rd, Keasbey, New Jersey
- Seller's Representative: Mindy Lissner (Cushman & Wakefield), William Waxman (CBRE)
- Buyer: Seville Gateway Investments
- Seller: TA Realty
- SF: 133,032
The sale was negotiated by William Waxman, Mindy Lissner, Steven I. Beyda, and Robert Pine of CBRE, who represented the seller, TA Realty. On the buyer's side, Dorothy Chuang of CBRE represented California-based Seville Gateway Investments.
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Mindy Lissner to view all their deals.
Browse this market industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.88%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93