facebook

traded

+ Submit
Home

/

Deals

/

New Jersey

/

Industrial

/

Lease

/

138 Georges Rd Dayton, NJ 0...

REDCOM Design & Construction LLC Expands Lease At 138 Georges Road In South Brunswick
LEASEDIndustrial

REDCOM Design & Construction LLC Expands Lease At 138 Georges Road In South Brunswick

138 Georges Rd Dayton, NJ 08810, USA

$18

$18/SF

Building Size

40,000 SF

Asset Type

Industrial

Closing

Jun 22, 2023

AI

REDCOM Design & Construction LLC has secured a 40,000-square-foot lease expansion at 138 Georges Road in South Brunswick. The industrial property, owned by 138 Georges Road LLC, offers convenient access to major routes and features spacious ceilings, loading doors, sprinklers, and parking. The lease was facilitated by brokers Leo Esses and Ilan Tabbouche from Bussel Realty Corp.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Lease
  • Address: 138 Georges Road
  • Market: South Brunswick

Bussel Realty Corp. played a key role in helping REDCOM Design & Construction LLC secure the lease expansion. The brokers involved in the deal were Leo Esses and Ilan Tabbouche, representing Bussel Realty Corp.

Players

Ilan Tabbouche

Bussel Realty

Broker

$12.8M

vol

4 deals

Broker
RL
REDCOM Design & Construction LLCTenant

New Jersey 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

881277.78%

Cash-on-Cash

-251871.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93