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117 Sunfield Avenue

Unnamed Freight Forwarding Company Expands With 88,620 Square Foot Lease At 117 Sunfield Avenue In Edison
LEASEDIndustrial

Unnamed Freight Forwarding Company Expands With 88,620 Square Foot Lease At 117 Sunfield Avenue In Edison

117 Sunfield Avenue

Building Size

88,620 SF

Asset Type

Industrial

Closing

Oct 17, 2025

AI

An unnamed freight forwarding and logistics company signed an 88,620-square-foot industrial lease at 117 Sunfield Avenue in Edison’s Raritan Center. The asset is categorized as industrial, located in a strategic market conducive for logistics operations.

Summary of transaction details:

This lease represents an expansion of the tenant's regional operations. The landlord was represented by Vincent Visceglia from Summit Associates, while the tenant was represented by Claudia Ganas, Monica Franco, and Ana Carolina DeAraujo from Lee & Associates – WBE New Jersey.

Players

Monica Franco

Lee & Associates

Broker

2 deals

Broker
Lee & Associates
Lee & AssociatesBrokerage

Edison 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