Thomas Mortier's Staci Group Leases Industrial Space At 10 Sigle Lane, Dayton
10 Sigle Lane
Building Size
285,362 SF
Asset Type
Industrial
Closing
Jun 18, 2024
AI
Located at 10 Sigle Lane in Dayton, a 285,362-square-foot industrial property has been leased by Heller Industrial Parks Inc. to Staci Group. This Class A facility will serve as a state-of-the-art location for Staci Group to consolidate its operations and enhance client service through strategic logistics and distribution. Representatives from CBRE facilitated the transaction.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Landlord: Heller Industrial Parks Inc.
- Tenant: Thomas Mortier - Staci Group
- Brokers: Chad Hillyer, Kevin Dudley, Nicholas Klacik & Kate Granahan - CBRE
CBRE's Chad Hillyer, Kevin Dudley, Nicholas Klacik, and Kate Granahan played a key role in representing Staci Group in securing the industrial lease at 10 Sigle Lane. This deal marks a significant consolidation for Staci Group, allowing them to operate from a modern and efficient space, providing enhanced services to their clientele from this well-located property.
Players
Dayton Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
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