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150 Pacific Avenue

Cabaret Rentals Inc. Leases 31,567 Square Feet At 150 Pacific Avenue Jersey City From Eden Wood Realty Corp
LEASEDIndustrial

Cabaret Rentals Inc. Leases 31,567 Square Feet At 150 Pacific Avenue Jersey City From Eden Wood Realty Corp

150 Pacific Avenue

Building Size

31,567 SF

Asset Type

Industrial

Closing

Dec 8, 2025

AI

The property asset involved in this transaction is an industrial space located at 150 Pacific Avenue in Jersey City. The total square footage of the asset is 31,567, and it is situated within a market that showcases strong demand for industrial properties, particularly those with prime access to Manhattan and essential transportation routes.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 150 Pacific Avenue
  • Market: Jersey City
  • Landlord: Eden Wood Realty Corp.
  • Brokers: Jordan Metz, Benito Abbate & James Friel - Bussel Realty
  • Tenant: Cabaret Rentals Inc.

The leasing transaction was facilitated by Metz Industrial Group of Bussel Realty Corp., who represented the landlord, Eden Wood Realty Corp. This arrangement highlights the ongoing interest in well-located industrial spaces within the New Jersey market.

Players

Jordan Metz

Bussel Realty

Broker

$140.7M

vol

38 deals

Broker
Bussel Realty
Bussel RealtyBrokerage

Jersey City 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