EPost Global Inc. Leases 41,256 SF Industrial Space In South Hackensack
18 Central BLVD, South Hackensack...
Building Size
41,256 SF
Asset Type
Industrial
Closing
Nov 22, 2023
AI
An industrial lease transaction has been completed at 18 Central Blvd in South Hackensack, a property spanning 41,256 square feet. The location falls within the South Hackensack market, and the deal involved Alfred Sanzari Enterprises as the landlord and ePost Global Inc. as the tenant.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not Applicable
- Address: 18 Central Blvd, South Hackensack
- Market: South Hackensack
- Landlord's Rep: Stephen Jennings (Alfred Sanzari Enterprises)
- Tenant: ePost Global Inc.
- Landlord: Alfred Sanzari Enterprises
- Square Feet: 41,256
Jason Fisch of F. Greek Development Inc. represented ePost Global Inc. in the lease negotiations, while Stephen Jennings handled the representation of Alfred Sanzari Enterprises internally, facilitating the successful conclusion of the transaction.
Players
South Hackensack 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