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
New Jersey 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
881277.78%
Cash-on-Cash
-251871.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93