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1 Warner Ct, Logan Township...

Champions Services Leases Industrial Space In Swedesboro To GFI Partners
LEASEDIndustrial

Champions Services Leases Industrial Space In Swedesboro To GFI Partners

1 Warner Ct, Logan Township, NJ, 08085

Building Size

151,600 SF

Asset Type

Industrial

Closing

Nov 20, 2023

AI

The industrial property located at 1 Warner Ct in Logan Township, NJ, 08085 is a 151,600-square-foot facility. It is situated in the Swedesboro market, within the Pureland Industrial Park. The tenant, Champions Services, recently signed a full-building lease for this strategic industrial space. The landlord, GFI Partners, and the tenant's representatives were instrumental in facilitating this transaction.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not Applicable
  • Tenant: Champions Services
  • Tenant's Rep: Scott Mertz (NAI Capital)
  • Landlord: GFI Partners
  • Landlord's Rep: Marc Isdaner (Colliers International)
  • Location: 1 Warner Ct, Logan Township, NJ, 08085
  • Market: Swedesboro
  • Square Feet: 151,600

The lease negotiations for the industrial space at 1 Warner Ct were overseen by Marc Isdaner of Colliers International, representing the landlord, GFI Partners. On the other side of the deal, Scott Mertz of NAI Mertz acted as the tenant's representative, championing the interests of Champions Services throughout the leasing process.

Players

Marc Isdaner

Colliers

Broker

$215.7M

vol

10 deals

Broker
GFI Capital
GFI CapitalLandlord

Swedesboro 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