Cushman & Wakefield Brokers 60.4K SF Industrial Lease At 135 High Hill Road In Woolwich Township
135 High Hill Road
Building Size
60,435 SF
Asset Type
Industrial
Closing
Nov 6, 2023
AI
An industrial lease for a 60,435-square-foot property located at 135 High Hill Road in Woolwich Township, Southern New Jersey, has been completed. The property is owned by a partnership between Endurance Real Estate Group and Cabot Properties.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Square Footage: 60,435
- Address: 135 High Hill Road, Woolwich Township, Southern New Jersey
- Market: Woolwich Township
Cushman & Wakefield served as the representative for the landlord, while Jackson Cross Partners represented the tenant. Christopher Butera, John Gartland, and Jonas Skovdal from Cushman & Wakefield acted as the landlord's representatives, and Harry McKenna from Jackson Cross Partners represented Valken Inc., the tenant.
The industrial lease at 135 High Hill Road in Woolwich Township, Southern New Jersey, was brokered by Cushman & Wakefield. The landlord, a partnership between Endurance Real Estate Group and Cabot Properties, chose Cushman & Wakefield to represent them in the transaction. Valken Inc., the tenant, was represented by Harry McKenna from Jackson Cross Partners.
Players
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