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113 Interstate Blvd

Prologis Leases 418,000 SF Industrial Space To OSU Warehouse At 113 Interstate Boulevard
LEASEDIndustrial

Prologis Leases 418,000 SF Industrial Space To OSU Warehouse At 113 Interstate Boulevard

113 Interstate Blvd

$16

$16/SF

Building Size

418,000 SF

Asset Type

Industrial

Closing

Apr 14, 2026

AI

The property asset is located at 113 Interstate Boulevard in Monroe Township. It is categorized as an industrial asset with a total square footage of 418,000. The asking rent for this space is set at $16 per square foot, under a NNN lease agreement.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $16/ft
  • Square Footage: 418,000
  • Address: 113 Interstate Boulevard
  • Market: Monroe Township
  • Landlord: Prologis
  • Tenant: OSU Warehouse
  • Broker: Stephen Shoemaker - CBRE

Key individuals involved in this lease transaction include Prologis, acting as the landlord, and OSU Warehouse, designated as the tenant. The broker representing this deal is Stephen Shoemaker from CBRE, facilitating the agreement between the parties.

Players

Stephen Shoemaker

CBRE

Broker

8 deals

Broker
Prologis
PrologisLandlord

Monroe Township 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

991437.50%

Cash-on-Cash

-283355.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93